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1250 COMMERCIAL DRIVE

City: Vancouver
MLS® Number: C8080613
$850,000
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. (id:67659)

PROPERTY TYPE
Retail
BEDROOMS
N/A
TAXES
$9,408.12 (2025)
DWELLING TYPE
N/A
BATHROOMS
N/A
LOT AREA
N/A
TOTAL AREA
680 square feet
YEAR BUILT
1997
STATUS
Active
Features

Lot: Dock height loading

Utilities: Water, Electricity, Telephone

Sewer: Storm sewer

Photos
Location
Listing Brokerage
Panda Luxury HomesPowered by REALTOR.ca

Contact Leanne Robb PREC

Call 778-918-4169 or email leanne.robb@westcoasthome.ca, or send a message about this listing.