1250 Commercial Drive Vancouver, British Columbia V5L 3X4

680 sqft

$850,000

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)

Property Details

MLS® Number C8080613
Property Type Retail
Neigbourhood Little Italy
Features Dock Height Loading

Building

Constructed Date 1997
Size Interior 680 Sqft

Land

Acreage No
Sewer Storm Sewer
Zoning Description C-2c1

Utilities

Electricity Available
Water At Lot Line
Telephone Available

https://www.realtor.ca/real-estate/30063375/1250-commercial-drive-vancouver

Contact Us

Contact us for more information

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Kevin Long
Personal Real Estate Corporation

(778) 861-9710
www.kevinlongrealty.ca/

Panda Luxury Homes
2440 Marine Drive
West Vancouver, British Columbia V7V 1L1

(604) 281-1700