1 / 2$850,000
1250 COMMERCIAL DRIVE, Vancouver BC V5L 3X4
Building Size
680 sqft
Sub-type
Retail
Zoning
C-2C1
Year Built
1997
Description
Excellent income-producing investment with an approximate 5.08% cap rate and long-term stable rental income. Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established long-term tenant with a renewal option, providing secure and reliable cash flow. Includes 1 secured underground parking stall. Major capital improvements include building-wide plumbing replacement (2022) and a new HVAC system (2023), minimizing future maintenance concerns. A turnkey investment opportunity in one of Vancouver's most sought-after retail locations.
Location
1250 COMMERCIAL DRIVE, Vancouver BC V5L 3X4
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