1402-1408 Marine Dr - Apartments CONDO FOR SALE


West Vancouver, BC V7T 1B7
$7,345,000 CAD
604-675-5252
1402-1408 Marine Dr, West Vancouver, BC for Sale
$7,345,000 CAD
Apartments CONDO - FOR SALE
1/7
null | Request Cap Rate

1402-1408 Marine Dr
West Vancouver, BC V7T 1B7


OVERVIEW

Exceptional opportunity to acquire 1402-1412 Marine Drive, (the “Property”), a fully occupied strata retail unit located in the heart of West Vancouver’s charming waterfront Ambleside neighbourhood. Ambleside is home to numerous retailers and amenities, cafes and restaurants, parks and recreation facilities, as well as Ambleside Beach and the West Vancouver Centennial Seawalk. The Property consists of one 6,438 sf strata unit comprising three retail units ranging in size from 1,160 sf – 3,696 sf. Fully leased to Vancity, Donya Currency Exchange, and Connect Hearing, the Property provides secure income until 2029. This offering presents a rare opportunity for investors, or future owner-users, to acquire a fully leased strata retail unit located in one of the most affluent neighbourhoods in Greater Vancouver.

FOR SALE DETAILS

PRICE

$7,345,000 CAD

PRICE/SF

$1,141 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

48,390 SF

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

AC1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mario NegrisMarcus & MillichapMore Info
604-675-5252

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Mario NegrisMarcus & MillichapMore Info
604-675-5252

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