+1 (778) 215-0445 scarlettbarber@remax.net

1250 Commercial Drive Vancouver, British Columbia V5L 3X4

680 sqft

$850,000

Maintenance,

$528.18 Monthly

Excellent income-producing investment with an approximate 5.08% cap rate and long-term stable rental income. Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established long-term tenant with a renewal option, providing secure and reliable cash flow. Includes 1 secured underground parking stall. Major capital improvements include building-wide plumbing replacement (2022) and a new HVAC system (2023), minimizing future maintenance concerns. A turnkey investment opportunity in one of Vancouver's most sought-after retail locations. (id:63400)

Property Details

MLS® Number C8080613
Property Type Retail
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

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

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