1075 Marine Dr - Storefront Retail/Office FOR SALE


North Vancouver, BC V7P 3T6
$5,400,000 CAD
604-630-0215
1075 Marine Dr, North Vancouver, BC for Sale
$5,400,000 CAD
Storefront Retail/Office - FOR SALE
1/11
null | Request Cap Rate

1075 Marine Dr
North Vancouver, BC V7P 3T6


HIGHLIGHTS

  • Prime Marine Drive corridor with exposure to over 35,000 VPD serving the broader North Shore community.
  • 0.9-year WALE as of August 1, 2026, with the majority of leases rolling by mid- 2027, providing flexibility for owner-user occupancy or repositioning.
  • Situated within North Vancouver's primary retail node, steps from Capilano Mall and minutes from Park Royal.
  • North Vancouver is one of Metro Vancouver’s most supply-constrained commercial submarkets, characterized by a limited land base.
  • Commercial Residential Mixed-Use Level 1 OCP designation permits up to 1.75 FSR, supporting existing commercial use while providing a clear framework

OVERVIEW

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 1075 Marine Drive, North Vancouver, B.C. (the "Subject Property"), a 7,450 SF multi-tenant commercial property situated along one of North Vancouver's most established commercial corridors, benefiting from 65 feet of frontage and over 35,000 vehicles per day (VPD). With immediate vacancy available, additional space rolling in 2026, and the majority of remaining leases expiring by mid-2027, the Subject Property offers a compelling owner-user (flexible zoning) opportunity to secure a highly visible Marine Drive address while collecting stable income in the interim.

FOR SALE DETAILS

PRICE

$5,400,000 CAD

PRICE/SF

$453 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,103 SF

ZONING

C9

APN/PARCEL ID

006-983-421

ASK ABOUT THIS PROPERTY

Jon BuckleyMarcus & MillichapMore Info
604-630-0215

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Jon BuckleyMarcus & MillichapMore Info
604-630-0215

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.