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Value-add potential drives sale of Kitsilano mixed-use building

Buyer paid above asking for strategically located property
3357-west-4th-avenue-vancouver
This mixed-use property at 3357 West 4th Avenue, Vancouver, sold Oct. 1 for $2.6 million.

DEAL | A boutique mixed-use building with unobstructed frontage at 3357 West 4th Avenue in Vancouver’s Kitsilano neighbourhood sold Oct. 1 for $2.6 million. Consisting of four residential units and one commercial retail unit, the property was listed for just under $2.5 million but sold above asking. Built in 1910 and zoned C-2, the property offers excellent opportunities to add value.

PRICE | $2,600,000

FROM | Kelvin Luk & William Maunsell, Macdonald Commercial