Fully Leased Investment Opportunity in the Heart of Commercial Drive

Description

Address

1122 Commercial Dr, Vancouver, BC V5L 3X2
Neighborhood: Grandview-Woodland

Opportunity

Presenting a unique opportunity to acquire a fully tenanted retail investment property at 1122 Commercial Drive.

The opportunity comprises two retail units totalling 2,205 SF on a 3,696 SF site. The units are occupied by Lotus House Tattoo & Salon and Guava Vegan Wellness. The building also contains 4 residential units on the second level.

The Subject Property is ideally located on Commercial Drive between Napier Street and William Street along the most vibrant commercial strip of Commercial Drive. The available Property is surrounded by various authentic merchants, cool restaurants, and charming specialty boutiques that make up the area known as “The Drive”. This sought-after neighbourhood offers a diverse selection of eateries, local cafes, pubs, quaint shops and services, as well as is surrounded by a dense residential area.

Highlights

• Exceptional central location
• High traffic counts
• Strong commercial retail node
• Ample surface parking at the reatr of the building
• Leased to 2 commercial and 4 residential tenants providing stable income