Rarely available 2022-built mixed-use building under C-1 zoning with remaining warranty ' foreign buyer eligible. The ground-floor retail is leased to a stable tenant currently operating a daycare and showing strong interest in extending to a 10-year term. Buyer flexibility can be provided upon request. The upper suites are self-managed and generating consistent income. Even under basic operation, the building achieves an approx. 4.6% annual return, with potential to reach 7'8% gross under professional management. A modern, low-maintenance Vancouver asset offering secure hands-off income today and exceptional upside in a high-exposure, value-growth corridor. (id:51397)
The above information is provided by members of the BC Northern Real Estate Board, Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver Board (“the Boards”) and is from sources believed reliable but should not be relied upon without verification. The Boards assume no responsibility for its accuracy. PREC* indicates 'Personal Real Estate Corporation'.
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