Fully Leased Investment Opportunity In The Heart of Commercial Drive

1350 Commercial Dr, Vancouver, BC V5L 3X6
4,835 SF   |   $6,500,000.00

Available Spaces

Spaces Type Price Size Availability Date
Building Retail Investment $6,500,000 4,835 SF Immediately

Description

Address

1350 Commercial Dr, Vancouver, BC V5L 3X6

Opportunity

Presenting a unique opportunity to acquire a fully tenanted retail investment property at 1350 Commercial Drive. The opportunity comprises two commercial units with a total combined area of 4,835 square feet on 7,232 square feet of land. The units are occupied by two well-known tenants with strong covenants: Famoso Italian Pizzeria and Rosemary Rocksalt Bagels.

Investment Highlights

  • Exceptional corner location with 64’ of frontage onto Commercial Drive
  • Strong commercial retail node with high volumes of foot traffic
  • Notable parking with 5 stalls of surface parking and 1 loading stall
  • High traffic counts with exposure to +14,800 vehicles per day
  • Home to Little Italy – an iconic pocket of Metro Vancouver
  • Leased to two strong tenant covenants providing stable income

Property Details

Property Status For Sale
Property Type Investment, Retail
Property Size 4,835 SF
Zoning C-2C Commercial
Year Built 1976
Price $6,500,000.00
Gross Taxes $63,975.10
Site Area 7,232 SF (64' x 113')
Parking 5 Stalls
Year Built 1976