Strip Mall on busy Kingsway near Nanaimo Street. High Exposure location with excellent visibility for retail spaces. Located within the boundaries of the Norquay Village Neigbourhood Centre Plan with rezoning possibility for development of mixed-used buildings up to 14 storey at density of 3.8 FSR, subject to final approval of re-zoning application to City of Vancouver by buyer. Details of the policies and development parameters can be found under section 4.0 of the above-mentioned plan posted in City's official site (Vancouver.ca). All 9 retail units rented out to good tenants, lots of additional parking spaces available in underground garage level. Good investment opportunity. (35620112)
Annual Property Taxes
$151,636 (CAD)
Time on REALTOR.ca
67 days
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