Myron D. Slobogean

Cell 604-720-2130 | mslobogean@sutton.com

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5784 VICTORIA Drive in Vancouver: Killarney VE Retail for sale (Vancouver East) : MLS®# C8034635

5784 VICTORIA Drive Vancouver V5P 3W7 : Killarney VE

Main Photo: 5784 VICTORIA Drive in Vancouver: Killarney VE Retail for sale (Vancouver East)  : MLS®# C8034635banner
$3,200,000
Prop. Type:
Retail
MLS® Num:
C8034635
Status:
Active
Build. Type:
Freestanding
A 1977 original owner built commercial building with a strong long term tenant on the main. Also, two 3 bedrooms s/c 1500 sq.ft. apartments up. Excellent location with lots of foot traffic and near numerous transportation stops. Lease 5 yr option to renew from Feb 28, 2022 to Feb 28, 2027.
Sale Type:
Asset
Lease Type:
Net
Lease Term:
60
Property Type:
Retail
Construction:
Concrete Block, Wood Frame
Building Type:
Freestanding, Mixed Use, Street-Level Storefront
# Units:
2
Year built:
1974 (Age: 46)
Total Floor Area:
Switch units of measure3,000 sq. ft.
Mezzanine Size:
Switch units of measure3,000 sq. ft.
Land Use/Zoning:
C-2
Taxes:
$16,944.1 / 2020
Air Conditioning, Alarm System, Balconies, Lunchroom, Storage, Visitor Parking, Waterfront, Washrooms Female/Male
# Elevators:
0
# Docks:
0
# Grade Doors:
0
HVAC:
Baseboard, Central A/C
Env Assmt Phase:
None
Cap Rate %:
2.81
Effective Gross Income:
$113,871
Gross Income:
$113,871
Oper. Expenses:
$23,847
Net Operating Income:
$90,023
Original Price:
$3,200,000
Data was last updated October 22, 2020 at 12:10 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.