1250 Commercial Drive, Vancouver, British Columbia

$850,000

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680

Square feet

About 1250 Commercial Drive

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. (id:6289)

Features of 1250 Commercial Drive

Listing # C8080613
Price $850,000
Square Footage 680
Year Built 1997
Type Retail

Community Information

Address 1250 Commercial Drive
City Vancouver
Province British Columbia
Postal Code V5L3X4

Amenities

Utilities Water, Electricity, Telephone
Features Dock height loading
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficePanda Luxury Homes

Listing Map

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