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- Status:
- Active
- Prop. Type:
- Land Commercial, Multi-Family Commercial
- MLS® Num:
- C8074301
- Build. Type:
- Low Rise (2-4 storeys)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
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Located in the highly sought-after Kitsilano neighborhood of Vancouver, 2629 West 4th Avenue is just steps from Kitsilano Beach and surrounded by trendy cafes, boutique shops, and vibrant eateries. This prime property boasts excellent public transportation options and is only a quick 15-minute drive from Downtown Vancouver. The property is improved with a three-storey, 10-unit multifamily building, consisting of four one-bed units, and six two-bed units. The property offers long-term redevelopment potential with evolving land use plans and transit announcements, such as the potential future Broadway Station.
- Sale Type:
- Asset
- Sublease:
- Yes
- Ownership:
- Freehold
- Property Type:
- Land Commercial, Multi-Family Commercial
- Commercial Type:
- Multi Family
- Num Storeys:
- 3
- Building Type:
- Low Rise (2-4 storeys)
- # of Apartments:
- 10
- # of 1 Bedroom Apartments:
- 4
- # of 2 Bedroom Apartments:
- 6
- Year built:
- 1954 (Age: 72)
- Living Area:
- 5,650 sq. ft.
- Subject Property Depth:
- 0'
- Subject Property Width:
- 0'
- Lot Area:
- 0 sq. ft.
- Zoning:
- C-2 COMMERCIAL
- Potential to Redevelop:
- No
- Electricity:
- No
- Parcel Number:
- 015125009
- Taxes:
- $10,636.3 / 2025
- No
- Yes
- Water Rights:
- No
- Potential to Redevelop:
- No
- Env Assmt Phase:
- Yes
- Cap Rate %:
- 2.65
- Association Fee:
- $.00
- Net Operating Income:
- $111,220
- Original Price:
- $4,195,000
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Listed by Colliers
Data was last updated January 9, 2026 at 09:35 PM (UTC)
- AMAR SHAN
- SABA REALTY LTD
- 778-881-4600
- amar@shannarealty.com
- DANA BALAN
- SABA REALTY LTD
- 604-727-7206
- danab.homes@gmail.com
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Navigating Commercial Real Estate Landscape in Vancouver, BC
Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.
Diverse Commercial Sectors
Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.
Tech Hub and Innovation
As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.
Green Initiatives and Sustainability
Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.
Challenges and Opportunities
Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.
Investment Appeal
Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.
Conclusion: Vancouver, BC Commercial Properties
Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.