$850,000

1250 COMMERCIAL DRIVE

Vancouver, British Columbia V5L3X4

For sale
680 sqft

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

Property TypeRetail
TransactionFor sale
MLSยฎC8080613

Building

Interior Size680 sqft
Year Built1997

Fees

Maintenance Fee528.18

Features & Amenities

FeaturesDock height loading
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Listing Agent

Kevin Long

Kevin Long

Personal Real Estate Corporation

๐Ÿ“ž (778) 861-9710

๐ŸŒ http://www.kevinlongrealty.ca/

Brokerage

Panda Luxury Homes

2440 Marine Drive

West Vancouver, British Columbia V7V1L1

๐Ÿ“ž (604) 281-1700

Contact Us

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