MAIN STREET INVESTMENT PROPERTY

4166 MAIN STREET, VANCOUVER, BC
FOR SALE
$ 3,398,000

SUMMARY

    • Excellent condition
    • Newly renovated
    • High foot traffic
    • Zoning: C-2
    • Lot size: 2,505 SF
    • Building Area: 2,836 SF
    • Net Income:  $124,266
    • Cap Rate:  3.7%
    • One retail unit and 1 residential unit above

Overview

The subject property is located on one of Main Street’s best blocks between King Edward and 26th Avenue.  The property experiences tremendous exposure to pedestrian traffic as well as vehicular traffic. The eclectic mix of businesses draw locals and tourists from all over the city day and night.  Some of the nearby businesses include Helen’s Grill, Windsor Meats, Yum Candy, Trafiq Bakery and Meet on Main to name a few. The main floor is 1,997 sf and is 100% occupied by Casca Shoes. They have made extensive improvements to their space and use it for a combination of retail, office and small scale production. The second floor consists of a spacious, private and bright 2 bedroom apartment which has been extensively renovated. Recent upgrades include new windows, washrooms, flooring, tankless hot water tank, kitchen cabinets, appliances and custom closets.
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