Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established tenant with a renewal option, providing stable rental income. Includes one indoor parking stall with additional rental revenue. Major updates include building-wide plumbing replacement (2022) and a new HVAC system (2023). Offering an approximate 5.08% cap rate, this is an excellent opportunity to own a quality income-producing asset in one of Vancouver's most sought-after retail locations. (id:58426)
| MLS® Number | C8080613 |
| Property Type | Retail |
| Neigbourhood | Little Italy |
| Features | Dock Height Loading |
| Constructed Date | 1997 |
| Size Interior | 680 Sqft |
| Acreage | No |
| Sewer | Storm Sewer |
| Zoning Description | C-2c1 |
| Electricity | Available |
| Water | At Lot Line |
| Telephone | Available |
https://www.realtor.ca/real-estate/30063375/1250-commercial-drive-vancouver
Contact us for more information
Kevin Long
Personal Real Estate Corporation
(604) 281-1700