MAIN STREET INVESTMENT PROPERTY

4641 MAIN STREET, VANCOUVER
FOR SALE
$ 3,475,000

SUMMARY

    • Excellent condition
    • PID: 006-093-787
    • Year built: 1956
    • Zoning: C-2
    • Lot size: 3,654
    • Lot Dimensions: 36 Ft x 101.5 Ft
    • Building Area: 3,242 SF
    • Net Income:  $85,940
    • Cap Rate:  2.5%
    • 2 retail units and 2 residential units

Overview

High exposure property prominently located on the west side of Main street at East 30th Avenue.  The immediate shopping area includes the Matchstick Coffee, Pharmasave,  Distance Runwear, and CIBC. The property is improved with a 2 storey wood frame building constructed in 1956. The ground floor has 1,680 square feet of retail space with 2 retail tenants. The second floor has 2 two bedroom units that have been recently renovated.  The rear has four parking stalls and a large storage area. The net income is $85,000 with room to increase income.
realtybloc