$850,000
1250 COMMERCIAL DRIVE
Vancouver, British Columbia V5L3X4
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:58554)
Overview
Building
Fees
Features & Amenities
Brokerage
Panda Luxury Homes
2440 Marine Drive
West Vancouver, British Columbia V7V1L1
๐ (604) 281-1700
