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Status:
Active
Prop. Type:
Retail
MLS® Num:
C8061001
Coveted Retail Building with Income Upside and Intrinsic Land Value • Premium retail location along Kingsway between Fraser and Knight Streets • Income potential with future development potential • 49.5 FT of frontage along Kingsway provide excellent exposure and accessibility Formerly operating as a restaurant, this space has a dining area that seats 70 patrons comfortably with high pedestrian and traffic flow frontage. Also on the property is a large 3 bed, 2 bath residential suite attached. Plenty of storage and 4 parking stalls at the rear plus ample street side parking. The subject property has approximately 1,650 SOFT of restaurant space with 1,000 SOFT of storage area and an additional 1,650 SOFT of residential area.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
4,300 sq. ft.
Lot Area:
5,049 sq. ft.
Lot Depth:
102
Lot Frontage:
49'6"
Land Use/Zoning:
C-2
Permitted Use:
Mixed Use, Retail
Taxes:
$18,177 / 2023
Services Connected:
Cable, Curb; Gutter, Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Telephone, Sanitary Sewer, Sidewalk
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
Listed by London Pacific
Data was last updated June 29, 2024 at 02:10 PM (UTC)
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