1250 Commercial Drive Vancouver, British Columbia V5L 3X4
$850,000Maintenance,
$528.18 Monthly
Maintenance,
$528.18 MonthlyExcellent 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. (id:63476)
Property Details
| MLS® Number | C8080613 |
| Property Type | Retail |
| Features | Dock Height Loading |
Building
| Constructed Date | 1997 |
| Size Interior | 680 Sqft |
Land
| Acreage | No |
| Sewer | Storm Sewer |
| Zoning Description | C-2c1 |
Utilities
| Electricity | Available |
| Water | At Lot Line |
| Telephone | Available |
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July 23 2026 03:58:18
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