$3,300,000

2397 Marine Drive

West Vancouver, British Columbia V7V1K9

For sale
5737 sqft6590 sqft

Freestanding Multi-Tenant Commercial Building. Total building is approx. 5,737 sf situated on a 6,590 sf lot. Zoned CS2. The property permits a wide range of uses, including, but not limited to, retail, grocery, daycare, learning institute, office, warehouse, light industrial ... etc. Located in the heart of Steveston Village, an opportunity for both investors & owner-users. The centrally located building benefits from excellent exposure, convenient access, and ample street parking in one of Richmond's most vibrant and walkable neighborhoods. The property has 4 leasing units (2 up and 2 down), offering a mix of month-to-month and short-term leases, with certain tenancies secured until October 2026. This flexible lease structure allows an owner-user to occupy all or part of the building, or provides an investor the ability to reposition the asset and renew leases at market rates. Potential market Lease Rate for entire building is approx. $180k per annum plus Additional Rent. (id:58554)

Overview

Property TypeRetail
TransactionFor sale
MLSยฎC8076789

Building

Interior Size5737 sqft

Land & Parking

Lot Size6590 sqft
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Listing Agent

Aleksandra Magee

Personal Real Estate Corporation, Magee & Associates

๐Ÿ“ž (604) 783-4740

๐ŸŒ http://www.aleksandramagee.com/

Brokerage

Royal LePage Sussex

2397 Marine Drive

West Vancouver, British Columbia V7V1K9

๐Ÿ“ž (604) 925-2911

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