- What Two residential and retail properties are on the market for $17.9m in Vancouver’s Kitsilano area
- Why The properties have a net operating income of close to $600,000
- What next They can be purchased together or separately
Two properties in Vancouver’s upscale Kitsilano neighbourhood have been listed for $17.9m.
The properties at 2629 and 2647 West 4th Avenue have retail and residential components with 4,000 sq ft of commercial space and 25 residential rental units. Colliers has the marketing assignment. The buildings, which have a combined net income of $577,000, can be purchased separately or together.
The three-storey, 10-unit apartment building at 2629 West 4th Avenue is listed for $4.2m, while the residential and commercial building at 2647 West 4th Avenue, with 15 apartments above the retail space, is on the block at $13.7m.
The apartments have one and two bedrooms.
Kitsilano is one of the trendiest and most desirable areas of Vancouver, near the beach and offering a host of pubs, boutique stores and restaurants. The properties are close to a potential future West Broadway SkyTrain station.
