Single Owner Mixed-Use Strata Complex

Description

Address

2023 West 4th Avenue Vancouver, BC V6J 1N3
Neighborhood: Kitsilano

The Opportunity

Lee & Associates is pleased to present the opportunity to acquire 2023 West 4th Avenue, a mixed-use retail and residential single owner strata building located in the heart of Vancouver’s Kitsilano neighbourhood.

The Location Overview

The Subject Property is strategically located mid-block on the north side of West 4th Avenue, between Arbutus Street and Maple Street, in the heart of Vancouver’s vibrant and trendy West 4th Avenue retail corridor.

Lined with over 300 unique shops and businesses, West 4th Avenue offers the city’s best selection of fashion, lifestyle and outdoor stores, incredible dining, and a wide variety of services. The convenient proximity to downtown Vancouver, Kitsilano Beach and The University of British Columbia, combined with the excellent exposure to vehicular and pedestrian traffic make this an ideal Investment opportunity

Highlights

• Rarely available West 4th Avenue 2000 block building
• Substantial rental upside on retail and residential space
• Large, underutilized parking garage (15 stalls)
• World class views of English bay and North Shore mountains
• Short term commercial leases in place