15081 Marine Dr - Restaurant FOR SALE


White Rock, BC V4B 1C5
$1,699,900 CAD
15081 Marine Dr, White Rock, BC for Sale
$1,699,900 CAD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

15081 Marine Dr
White Rock, BC V4B 1C5


OVERVIEW

UNOBSTRUCTED OCEAN VIEW COMMERCIAL PROPERTY IN WHITE ROCK! Exceptional opportunity to acquire a premier piece of oceanfront real estate with panoramic, unobstructed views overlooking the iconic White Rock Pier. This high-exposure location offers one of the best views on White Rock Beach. Currently improved with a structure equipped for restaurant use, the property presents a turn-key operation or the option to lease at an estimated $7,000/month. Zoned for mixed-use development, the current zoning permits construction of a three-storey building with commercial space on the ground floor and two levels of residential above. Under the proposed new OCP, there is potential for up to four storeys and a 2.0 FAR-allowing for nearly 4,000 square feet of buildable space. Rare opportunity with potential for land assembly-adjacent properties may also be available for acquisition. Don't miss your chance to own and develop in one of the most sought-after beachfront locations in the Lower Mainland.

FOR SALE DETAILS

PRICE

$1,699,900 CAD

PRICE/SF

$1,349 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,968 SF

ZONING

CR-3

APN/PARCEL ID

000-855-863

ASK ABOUT THIS PROPERTY

Gurswazy JohalZolo Realty Bc IncMore Info

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