604.542.2444

2117-2121 Kingsway Avenue

Victoria VE, Vancouver East

$8,500,000


Type: Land Commercial


About this Land Commercial

An exceptional opportunity awaits to acquire a freestanding two-story commercial property situated on nearly 12,000 square feet of land(PIDs), boasting prime exposure on Kingsway Ave in the desirable Kensington-Cedar Cottage neighborhood. Located a mere 700m from the Nanaimo Station & just a block away from Victoria Dr, this property offers premium retail visibility and excellent transit accessibility. The neighborhood is currently undergoing extensive redevelopment, promising a surge in population, new retailers, shops, and essential civic amenities. The C2 zoning allows for up to 2.5 FSR (4-story market development or up to 3.5 FSR(6-story) secured rental project. Furthermore, neighboring properties may also be available for sale. 2nd floor of the building has been vacated due to a prior fire incident, & the building's size will need to be remeasured. Importantly, there are no tenant relocation costs or hassles associated with development, as there are no existing residential tenancies in the building.

Listed by Royal LePage Sussex.

TypeLand Commercial
Size10,100 sqft
$/SQFT$841.58

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Photo 1 at 2117-2121 Kingsway Avenue, Victoria VE, Vancouver East

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Photo 2 at 2117-2121 Kingsway Avenue, Victoria VE, Vancouver East

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Photo 3 at 2117-2121 Kingsway Avenue, Victoria VE, Vancouver East

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Photo 4 at 2117-2121 Kingsway Avenue, Victoria VE, Vancouver East

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Photo 5 at 2117-2121 Kingsway Avenue, Victoria VE, Vancouver East

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