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5757 BALSAM Street in Vancouver: Kerrisdale Retail for sale (Vancouver West) : MLS® # C8014293

5757 BALSAM Street Vancouver V6M 4B8 : Kerrisdale

Main Photo: 5757 BALSAM Street in Vancouver: Kerrisdale Retail for sale (Vancouver West)  : MLS® # C8014293
$1,988,000
Prop. Type:
Retail
MLS® Num:
C8014293
Status:
Active
Build. Type:
Condo Complex
Please DO NOT DISTURB THE TENANTS. CLASS 'A' Tenant - FYI Doctors (Optometrists) Lease term fro approx. 4 more years with a 5 yr option to renew. Prime storefront Kerrisdale location with high walk in traffic. Strata-Retail unit with approx. 1380 sqft and comes with awning/signage and 4 underground parking stalls (3 visitor 1 secured). Quality tenants pay monthly lease, strata fees and semi annual property taxes which makes this a great holding property with very little work for an owner to do! Annual Lease Amount $48,300 until Nov 2021 (5 Years Renewal Option). Lease rate $35/per sf/per annum. Strata Fees $731.35/mth.
Sale Type:
Asset
Lease Type:
Other
Lease Term:
60
Property Type:
Retail
Construction:
Concrete, Wood Frame, Mixed
Building Type:
Condo Complex, Street-Level Storefront
Year built:
1996 (Age: 21)
Total Floor Area:
Switch units of measure1,380 sq. ft.
Retail Size:
Switch units of measure1,380 sq. ft.
Land Use/Zoning:
C-2
Taxes:
$14,098.56 / 2017
Air Conditioning, Alarm System, Handicap Access/Facil, Storefront, Visitor Parking, Washrooms Female/Male
HVAC:
Central A/C
Env Assmt Phase:
None
Condo Fee:
$731.35
Lse Op Costs SF:
$6.36
Listing information last updated on Aug 24, 2017 11:05 PM
Paul Prade