1406 Pemberton Ave - Storefront FOR SALE


North Vancouver, BC V7P 2S1
$4,998,000 CAD
778-200-5510
1406 Pemberton Ave, North Vancouver, BC for Sale
$4,998,000 CAD
Storefront - FOR SALE
1/21
null | 5.5% Cap Rate

1406 Pemberton Ave
North Vancouver, BC V7P 2S1


HIGHLIGHTS

  • 1406 Pemberton Avenue offers the opportunity to purchase a modern, fully renovated building in North Vancouver’s growing commercial corridor.
  • Prominent corner location gives new owners the flexibility for a variety of potential uses such as office space, showroom facilities, and more.
  • Equipped with many special features, including a full kitchen, multiple private offices, a unique meeting room, seven parking stalls, and 24/7 access.
  • Buyers can capitalize on the top-notch demographics with a population on the rise and consumer spending exceeding $9 billion within 5 km.

OVERVIEW

1406 Pemberton Avenue offers an outstanding opportunity to acquire a turnkey commercial property in a coveted North Vancouver location. This impressive 4,050-square-foot property commands attention at a high-visibility intersection in North Vancouver. Boasting a sleek, contemporary black façade, the building exudes modern sophistication and immediate curb appeal. 1406 Pemberton Avenue's single-story layout maximizes usable space and offers an adaptable floor plan. Inside, investors and owner/users will find a state-of-the-art kitchen, multiple private offices, a distinctive meeting room, and premium finishes throughout. With three covered and four outdoor parking stalls, convenience is built in for staff and visitors alike. Zoned EZ-LI, 1406 Pemberton Avenue provides exceptional flexibility for office, retail, or light industrial uses, while also offering outstanding redevelopment potential for the future. Currently leased and generating an attractive 5% net return, this asset is well-positioned for both investors and owner/users seeking stable income and long-term value. Opportunities like this are exceedingly rare in North Vancouver as there are no other freestanding offices, retail, or light industrial spaces on the North Shore that match this property’s level of visibility, architectural appeal, and build quality. Nestled in picturesque North Vancouver, 1406 Pemberton Avenue places buyers at the gateway to both vibrant city living and breathtaking mountain scenery. Located just across the Burrard Inlet from Downtown Vancouver, the area delivers a seamless mix of urban convenience and outdoor adventure. The site’s prime, high-visibility position offers exceptional frontage, making it easy for customers and employees to access with ease. Surrounded by a variety of local favorites like Pemberton Station Neighbourhood Pub, Cornelia Fine Tacos, and Golestan Bakery, as well as major retailers such as Walmart Supercenter, this location ensures a constant flow of activity and unparalleled exposure for any business.

FOR SALE DETAILS

PRICE

$4,998,000 CAD

PRICE/SF

$1,233 CAD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Showroom, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,651 SF

ZONING

EZ-LI

APN/PARCEL ID

002552329

ASK ABOUT THIS PROPERTY

Maz MajidiAngell Hasman & Associates Realty LtdMore Info
778-200-5510

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Maz MajidiAngell Hasman & Associates Realty LtdMore Info
778-200-5510

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