This rare, professionally maintained and managed, standalone investment property sits on the corner of a major commercial intersection at 49th Avenue and Fraser Street in Vancouver. It features a long-term, hassle-free triple-net lease agreement with a AAA tenant, Scotia Bank leasing both floors. With robust underlying land value surrounded by other banks, businesses, and a historically stable and vibrant walking traffic and transit focused community, this property presents a predictable, generational investment opportunity with once in a lifetime redevelopment upside. With its flourishing growth and economic expansion, the Faser area has emerged as one East Vancouver's most coveted neighborhoods. This property provides the timely opportunity to enjoy the rewards of the area's soon to be planned redevelopment and resulting economic upside at today's lower prices with strong cashflow in the meantime. Please contact Eric or Aman for further details on this promising investment opportunity. (id:44393)
| MLS® Number | C8059634 |
| Property Type | Retail |
| Constructed Date | 1955 |
| Size Interior | 7500 Sqft |
| Acreage | No |
| Size Irregular | 7596 |
| Size Total | 7596 Sqft |
| Size Total Text | 7596 Sqft |
| Zoning Description | C2 |
| Cable | Available |
| Electricity | Available |
| Water | At Lot Line |
https://www.realtor.ca/real-estate/26828551/6498-fraser-street-vancouver
Contact us for more information
Eric Wu
Personal Real Estate Corporation
(604) 620-6788
(604) 620-7970
www.oakwyn.com/
Aman Khurana
Personal Real Estate Corporation
(604) 620-6788
(604) 620-7970
www.oakwyn.com/
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