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Main Photo: 1582 ROBSON Street in Vancouver: West End VW Retail for sale (Vancouver West)  : MLS®# C8051768
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8051768
Build. Type:
See Realtor Remarks
The retail units have a 3.5% Cap Rate, indicating a relatively stable and attractive investment opportunity. Located in the heart of Robson Street (and Cardero), these combined side-by-side retail units occupy a prime location in a rapidly growing area. Robson Street is a renowned walking thoroughfare in Vancouver, known for its vibrant atmosphere and diverse range of retail and dining establishments. The area attracts a significant amount of foot traffic, making it an ideal location for businesses. The retail units are fully leased to a well-established and highly regarded Medical Spa. With a 5-star review rating and a 20+ year history. The surrounding area is experiencing significant development, with numerous high-end luxury projects taking place within a two-block radius of the property. This growth indicates a positive trajectory for the neighbourhood, which could potentially lead to increased property values and further business opportunities.
Sale Type:
Asset
Total space avail for lease:
2,500 sq. ft.
Construction:
Other
Building Type:
See Realtor Remarks
Name of Complex/Subdivision:
# Other Units:
# Storeys:
5.0
Year built:
2003 (Age: 20)
Total Floor Area:
2,500 sq. ft.
Retail Size:
2,500 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
C5-A
Permitted Use:
Retail
Taxes:
$26,729 / 2022
Roof:
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 1582 ROBSON Street in Vancouver: West End VW Retail for sale (Vancouver West)  : MLS®# C8051768
    Photo 1 of 1
Listed by RE/MAX Crest Realty
Data was last updated June 6, 2023 at 01:10 PM (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.