CBRE Limited is pleased to offer a unique investment opportunity to acquire 1816 Commercial Drive, a fully leased, single-storey retail property with approximately 2,779 SF of space on a 3,465 SF lot. This prime location is situated in one of Vancouver's most vibrant neighborhoods, making it a valuable asset for investors including owner-occupiers or as a redevelopment opportunity.
The property boasts 33 feet of retail frontage along the bustling Commercial Drive, situated between East 2nd and East 3rd Avenues, only minutes from the Commercial-Broadway SkyTrain Station. Known for its rich cultural diversity and vibrant atmosphere, “The Drive” is home to over 300 retail shops, restaurants, and entertainment venues spanning 22 blocks, including eight blocks officially designated as Little Italy.