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Price Range: From to

Former Starbucks Retail Space on The Drive

1752 Commercial Dr, Vancouver, BC V5N 4A3, Canada

1,415 SF

$55.00/SF
  • Description
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Description

The Opportunity

Lee & Associates is pleased to present the opportunity to lease 1752 Commercial Drive in Vancouver. This prime corner retail store is on the busiest pedestrian and vehicle block of Vancouver’s famous “Little Italy” on Commercial Drive (The Drive).

Property Overview

The subject property consists of a 1,415 square foot corner retail unit with two (2) exclusive rear surface lot parking stalls behind the building. This high exposure corner has not been available for 28 years and now is ready for the latest and greatest restaurant concepts to take this centre stage and shine.

The Location Overview

The subject property boasts a top dollar AAA location on the sunny side of The Drive on the northeast corner of 2nd Avenue and Commercial Drive. It is positioned in the heart of the popular bustling Commercial Drive corridor in the same block that the 1st Avenue “highway” streams thousands of daily commuters to and from downtown Vancouver. Proximity to the dual SkyTrain station that connects the Millennium Line with the Expo line is a nice seven block stroll for employees who may want to commute to this location by SkyTrain from the east or west. The Drive continues to grow its regional trade area for historical and new reasons involving eateries, fine dining, helthy lifestyle retailers, fashion, on-trend product shops, grocery, liquor and most importantly, master artisan food purveyors. Foodies and unique beverage hunters flock block to block from Venables to Broadway. Commercial Drive flourishes with customers of all ages driving in for the finest in Italian and hand crafted fare all the way from Hope to Whistler. For decades, couples have chosen to take a weekend stroll on The Drive starting with a coffee near the Venables north end, then heading south for brunch and some shopping. 1752 Commercial Drive is the perfect bullseye at the centre of Venables and Broadway. Time stops with a coffee in your hand so you can follow your nose and taste it all.

Highlights

  • Highest pedestrial and vehicle traffic along The Drive
  • Rarely available south facing corner only a block from 1st Avenue highway
  • 10 year lease available with renewal options
  • Pristinely maintained, historic building with huge 400 amp power
  • Close proximity to major Commercial/Broadway SkyTrain station hub
  • 11 minute drive to downtown
  • Near Grandview Park, Britannia Community Centre, and Trout Lake Community Centre
  • Neighbourhood is transitioning with more edgy independent restaurants such as Sopra Sotto, Havana, Fets Whisky Kitchen, Harbour Oyster Bar, Absinthe Bistro, La Mezcaleria — you caget the best food from every ethnic region on The Drive.

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Details

Updated on March 11, 2020

  • Property Size: 1,415 SF
  • Property Type: Retail
  • Property Status: For Lease

Additional Details

  • Property Taxes (2020): $11.25 PSF (estimated)
  • Zoning: C-2C (Commercial)
  • Power: 400 amps 3 phase
  • Address: 1752 Commercial Drive
  • City: Vancouver
  • Province: British Columbia
  • Postal Code: V5N 4A3
  • Neighborhood: Downtown Eastside
  • Country: Canada