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1823-1825 W 4TH Avenue
Kitsilano Vancouver V6J 1M4

$4,990,000
Multi-Family Commercial, Retail

Main Photo: 1823-1825 W 4TH Avenue, Vancouver - Kitsilano
Photo 1: 1823-1825 W 4TH Avenue, Vancouver - Kitsilano
Photo 2: 1823-1825 W 4TH Avenue, Vancouver - Kitsilano
Photo 3: 1823-1825 W 4TH Avenue, Vancouver - Kitsilano
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8065035
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Prime mixed-use property in the coveted Kitsilano community with excellent exposure on West 4th Ave. just west of Burrard St. This 2-storey mixed-use building includes 1,040 sf commercial storefront, four 1-bedroom and one 3-bedroom residential suites and a full unfinished basement. Vacant on possession of the 3-bdm and one of the 1-bdm suites. All others leases are month to month including retail. Two surface parking. Highly accessible with a walking score of 99! There is a bus stop out front and the future Skytrain is a few blocks away. Short walking distance to Granville Island and Kits Beach, and just over the Burrard St. bridge to downtown. With Kitsilano property values consistently on the rise, this property presents an excellent holding property with upside or owner/user opportunity for long term growth and capital appreciation.
Sale Type:
Asset
Construction:
Concrete Block, Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+), Street-Level Storefront
# Bldgs:
1
# of Apartments:
5
# of 1 Bedroom Apartments:
4
# of 3 Bedroom Apartments:
1
# Storeys:
2.0
Year built:
1912 (Age: 113)
Total Floor Area:
2,825 sq. ft.
Retail Size:
1,040 sq. ft.
Lot Area:
2,825 sq. ft.
Lot Depth:
113
Lot Frontage:
25'
Land Use/Zoning:
C3A
Permitted Use:
Multifamily (5+), Retail
Taxes:
$17,442.4 / 2024
Env Assmt Phase:
Yes
  • Photo 1: 1823-1825 W 4TH Avenue, Vancouver - Kitsilano
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  • Photo 2: 1823-1825 W 4TH Avenue, Vancouver - Kitsilano
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  • Photo 3: 1823-1825 W 4TH Avenue, Vancouver - Kitsilano
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated January 22, 2025 at 12:10 PM (UTC)
AMAR SHAN
DANA BALAN
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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.