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New property listed in Collingwood VE, Vancouver East

Property listed at 3012 KINGSWAY in VANCOUVER.
HIGH TRAFFIC CORNER KINGSWAY & RUPERT PROPERTY. Whole ground floor, 6 commercial units, approximately 5,018 SqFt are NOW available for Sale! Currently it is leased out to an international Cosmetology College, 10-year lease term, remaining 4 years with one 5-year renewal option. Base rent $18 PSF. Net income per month is approximately $7,527, $90,324 per annum. Units come with 13 underground parking spots. Building is only 19 years old. Under C-2 Zone guidelines. Ideal for business such as salon, accounting, law, notary, office, convenience store, coffee shop, restaurant or other retail use. Excellent investment opportunity or own-use in prime Kingsway location. DON'T MISS OUT!
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