1122 Commercial Dr - Retail FOR SALE


Vancouver, BC V5L 3X2
$3,750,000 CAD
604-630-3406
1122 Commercial Dr, Vancouver, BC for Sale
$3,750,000 CAD
Retail - FOR SALE
1/2
null | Request Cap Rate

1122 Commercial Dr
Vancouver, BC V5L 3X2


HIGHLIGHTS

  • Exceptional central location with prime frontage onto Commercial Drive
  • High traffic counts with exposure to +14,800 vehicles per day
  • Strong commercial retail node with high volumes of foot traffic
  • Notable parking with ample surface parking at the rear of the building
  • Leased to 2 commercial and 4 residential tenants providing stable income
  • Home to Little Italy - an iconic pocket of Metro Vancouver

OVERVIEW

Presenting a unique opportunity to acquire a fully tenanted retail investment property at 1122 Commercial Drive. The opportunity comprises two retail units totalling 2,205 SF on a 3,696 SF site. The units are occupied by Lotus House Tattoo & Salon and Guava Vegan Wellness. The building also contains 4 residential units on the second level. For further information on Net Operating Income (NOI) and lease details, please contact agents.

FOR SALE DETAILS

PRICE

$3,750,000 CAD

PRICE/SF

$1,701 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,696 SF

ZONING

C-2C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Arash Rezai, PRECLee & Associates VancouverMore Info
604-630-3406

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Arash Rezai, PRECLee & Associates VancouverMore Info
604-630-3406

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