Fully Leased Investment Opportunity In The Heart of Commercial Drive
1350 Commercial Dr, Vancouver, BC V5L 3X6
1 of
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 |