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2312 4500 KINGSWAY, #2312
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$698,000 Sale
Listed 18 days ago
· 0
· 0
· -
· 457
Key Facts
Key facts for 2312 4500 KINGSWAY, #2312
Property Type
Commercial
Parking
-
MLS #
C8055764
Size
457 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$6,745.13 /yr
Days on Market
-
Year Built
1998
Maintenance Fee
-
Description
Great Investment property in busy & unique Crystal Mall in the heart of Metrotown. The 457sqf unit features wide facade with great exposure, superior traffic with few steps to food court, and no waste layout. Long term tenant just renewed 3 years contract. Considerable rent income & best time to inv...est now. This well managed & famous comprehensive shopping mall attracts many professionals including dentists, lawyers, accountants, HSBC, restaurants, traveling agents, phone shops, Hilton 5 stars hotel, food supermarkets, hair salons, emigrated study abroad companies, characterized stores . This central complex surrounded by many tall towers and businesses. Two minutes walk to skytrain & buses. One designated parking included and hundreds of free customer parking. RM5 zoning allows variety business usage for retail store or professional office. Hold on this solid investment now as great potential to grow in coming years while Metrotown is expanding to second downtown of Vancouver. Cap rate: 4.9.
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Courtesy of: Nu Stream Realty Inc.