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Big Smoke Burger

The subject property is located at the southwest corner of Cambie Street & West Broadway. Just steps away from the Canada line Skytrain Station.

725 SE Marine Drive

The Opportunity

Rare opportunity to acquire 1.77 acres with redevelopment potential and good holding income.

Investment Highlights

Substantial frontages along SE Marine Drive (284 FT) and Fraser Street (273 FT)

Centrally located within close proximity to highways, bridges and minutes from Marine Drive Skytrain station

Rare large site in Vancouver

Location

The property occupies the northeast corner of SE Marine Drive and Fraser Street – one of the busiest intersections in Metro Vancouver.

Improvements

The Super 8 hotel consists of 100 rooms on 6 floors with a total size of approximately 93,000 square feet. The rest of the building houses a bowling alley, pub, and a private liquor store.

Station Hill

Opportunity

A rare opportunity to acquire a freestanding commercial strata building. This excellent opportunity is ideal for an investor or owner-user for a grocery store, restaurant, liquor store, bank, business and professional offices, and many more retailers are welcomed.

Building

The commercial building is currently a freestanding building that consists of 4 continuous strata lots and an outdoor fenced patio that would be an excellent attribute for a coffee shop or restaurant. There is a designated commercial parking lot that consists of 8 parking stalls, and abundance of street parking.

Location

The property is located minutes from Edmonds Skytrain Station. This building is in close proximity to 6 high-rise buildings, multiple low rise residential buildings and commercial offices. This high density population offers a strong community customer base.

1968 West 2nd Avenue

Property Description

Frieda’s Villa is a 24-suite three storey rental apartment building located in Vancouver’s popular Kitsilano neighbourhood, only 3 blocks to Kits Beach. Built in 1968 of wood-frame construction, the property is improved on a 100’ x 120’ (12,000 sq. ft.) RM-4 zoned lot. Rents significantly under market—approximately 30% below based on recent CMHC report. Excellent opportunity to enhance the property with a strong renovation program.

Location

Frieda’s Villa is situated only 3 blocks south of Kits Beach on the south side of West 2nd Avenue between Maple and Cypress Streets in Vancouver’s prime Kitsilano neighbourhood. Cornwall Avenue, the beach’s waterfront “main drag” which runs parallel to the popular Kitsilano Beach coastline offers stunning views of English Bay, the West End’s skyline and the North Shore Mountains. Within walking distance is Kits Beach pool and park, a seaside walkway that overlooks the Burrard Inlet and Kitsilano Yacht Club. The Burrard Bridge is only two blocks away offering easy access to Downtown Vancouver. Kitsilano, especially north of 4th Avenue, is considered one of the most desirable locations in the City of Vancouver (if not Canada) to live, with its numerous beaches, parks, recreation centres, retail amenities, movie theatre (5th & Burrard), bus transportation, elementary schools, cafes, restaurants and its close proximity to city hospitals, Downtown Vancouver and UBC.

Highlights

Rents significantly under market: based on CMHC averages, the bachelor suites are 27% below market and the one-bedroom suites are 30% below

Three storey wood-frame rental apartment building with stucco exterior

Large lot: 100’ x 120’ (12,000 sq. ft.)

Nicely landscaped front yard

Suite mix consists of 7 bachelors; one studio and 16 one-bedrooms

Laundry: two washers and two dryers (leased)

Parking: 21 stalls: 16 secure underground; 2 covered and 3 uncovered

Secure parking access from 2nd Avenue

Suites feature balconies or patios

Storage: 22 lockers for tenants plus additional room off exterior parking

Bike room and workshop off exterior parking

Mail box area in secure separate room off lobby

Six suites were totally renovated after a fire in 2001

Torch-on roof (November 2005)

Piping and balcony upgrades as needed

Two AO Smith hot water tank (2010)

Approx. ¾ of cabinets & counter tops upgraded

Approx. ½ of laminated floors replaced

For a brochure, click here

Legal Description

Lots 4 & 7 Block 226 District Lot 526 Plan 590

Financial Summary

Treat as clear title.

Assessment 2014

Land

$4,611,000

Building

$492,000

Total

$5,103,000

Income and Expenses

Gross Income:

$239,395

Vacancy:

(1,197)

Effective Gross:

$238,198

Operating Expenses:

(90,484)

Net Operating Income:

$147,714

Suite Mix

No. Units

Avg. Rent

Bachelor

7

$676

Bachelor + den

1

$760

One bedroom

14

$810

One bedroom furnished

2

$1,250

Automotive Lot

Location

The property is located on the northwest corner of East Broadway and Quebec Street in centre of the popular Mount Pleasant neighbourhood. This location offers easy access/egress and offers a wide range of public transportation options

Building Features

Corner location

Excellent exposure

20 parking stalls

Close to transit

Frontage

Approx. 99 feet along West Broadway and approx. 74 feet along Quebec Street.

1344-1346 Kingsway

Opportunity

This newly constructed concrete steel frame building on Kingsway offers a strong curb appeal. The units offer excellent frontage and exposure to vehicles and pedestrians on this high traffic location.

Location

This prime retail opportunity is located in the heart of Kensington Cedar Cottage one of Vancouver’s most ethnically diverse neighbourhoods. The property offers convenience to downtown Vancouver, Burnaby and Richmond.

1316 Kingsway

Opportunity

The units offer excellent frontage and exposure to vehicles and pedestrians on this high traffic location.

Location

This prime retail opportunity is located in the heart of Kensington Cedar Cottage one of Vancouver’s most ethnically diverse neighbourhoods. The property offers convenience to downtown Vancouver, Burnaby and Richmond.

2894 East Broadway

Building Features

3-phase, 120/208 volt, 400 amp electrical service

Separate staff and customer washrooms

Air conditioning

High exposure location

Overhead Grade Level Loading Bay Door

Roll down security shutters on windows and doors

HVAC System throughout – (replace air conditioning)

20 parking stalls

1588 Columbia Street

Description

High ceiling storage warehouse space with office in North Vancouver’s Lynnmour industrial area.

Features

25’6’’ clear ceiling height

Dock and grade level loading

Finished office space with 3 private offices, board room, kitchenette and reception area

Front unit in the complex provides excellent exposure

Approximately 1,500 sf of bonus mezzanine storage space

HVAC throughout the office

8-12 parking stalls

Excellent truck maneuvering

2894 East Broadway

Building Features

3-phase, 120/208 volt, 400 amp electrical service

Separate staff and customer washrooms

Air conditioning

High exposure location

Overhead Grade Level Loading Bay Door

Roll down security shutters on windows and doors

HVAC System throughout – (replace air conditioning)

20 parking stalls