- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- C8080613
- Build. Type:
- Street-Level Storefront
- Photos (2)
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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.
- Sale Type:
- Asset
- Ownership:
- Strata
- Property Type:
- Retail
- Commercial Type:
- Retail
- Construction:
- Frame Wood
- Building Type:
- Street-Level Storefront
- Home Owners Association:
- Yes
- Year built:
- 1997 (Age: 29)
- Living Area:
- 680 sq. ft.
- Retail Size:
- 680 sq. ft.
- Lot Area:
- 0 sq. ft.
- Zoning:
- C-2C1
- Potential to Redevelop:
- Yes
- # Of Parking Spaces - Total:
- 1
- Heating:
- Baseboard
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Fully Serviced, Phone Connected
- Sewer:
- Public Sewer, Storm Sewer
- Parcel Number:
- 023931663
- Taxes:
- $9,408.12 / 2025
- Dock Loading, Storefront
- No
- See Remarks
- # Docks:
- 1
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Other
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
- Association Fee:
- $528.18
- Original Price:
- $850,000
-
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Photo 2 of 2
Listed by Panda Luxury Homes
Data was last updated August 14, 2026 at 11:40 PM (UTC)
- Kevin Long PREC*
- Panda Luxury Homes
- 604-281-1700
- Contact by Email
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