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5757 BALSAM Street
Kerrisdale Vancouver V6M 4B8

$1,750,000
Retail

Main Photo: 5757 BALSAM Street in Vancouver: Kerrisdale Retail for sale (Vancouver West)  : MLS®# C8017014
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8017014
Bus Major:
Healthcare Sales/Services/Supplies
Build. Type:
Condo Strata Complex
Please DO NOT DISTURB THE TENANTS. CLASS 'A' Tenant - FYI Doctors (Optometrist) Lease term from 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 tenant 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 ft/per annum. Strata Fees $861.94/month.
Sale Type:
Asset
Lease Type:
Other
Property Type:
Retail
Major Bus Type:
Healthcare Sales/Services/Supplies
Construction:
Wood Frame
Building Type:
Condo Strata Complex, Mixed Use, Street-Level Storefront
Year built:
1996 (Age: 23)
Total Floor Area:
1,380 sq. ft.
Retail Size:
1,380 sq. ft.
Land Use/Zoning:
C-2
Taxes:
$14,098.56 / 2017
Alarm System, Storefront, Visitor Parking, Washrooms Female/Male
Env Assmt Phase:
Not Applicable
Gross Income:
$48,300
Condo Fee:
$861.94
Lse Op Costs SF:
$6.35
  • Photo 1: 5757 BALSAM Street in Vancouver: Kerrisdale Retail for sale (Vancouver West)  : MLS®# C8017014
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  • Photo 11: 5757 BALSAM Street in Vancouver: Kerrisdale Retail for sale (Vancouver West)  : MLS®# C8017014
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Listing information last updated on August 21, 2018 at 11:05 PM (UTC)
Paul Prade