Additional content

$5,500,000

2990 Arbutus Street, Vancouver, BC V6J 3Y9

MLS® C8081694

Description

Avison Young is proud to present the opportunity to acquire 2990 Arbutus Street, Vancouver, BC (the "Property") . The Property is improved with a single storey commercial retail building containing 5,118 sf of prime retail space. The Property is located in the highly desirable Kitsilano neighbourhood, several blocks away from the newly constructed Arbutus Skytrain Station. The Property benefits from a vibrant retail and residential community that is conveniently connected to downtown Vancouver and surrounding Metro Vancouver areas. Kitsilano has continued to be one of Vancouver's most sought after neighbourhoods for investment due to its densely populated residential neighbourhoods that are surrounded by a vibrant blend of restaurants, shops, and parks. The acquisition opportunity provides flexibility for investors and developers on a future assembly basis.

Property

Property type

Business Opportunity

Style

Food & Beverage

Structure

Freestanding, Low Rise (2-4 storeys), Mixed Use

Ownership

Freehold

Lot and parking

Lot size

5,662.8 sq ft

Costs

Annual property tax

$45,605

Tax year

2,026

Location

Area

Vancouver West

Neighbourhood

Kitsilano

Waterfront

No