Space
Finished area and layout
- Living Area
- 680 sqft
680 sqft
Living Area
1997
Year Built
Property Snapshot
Key details for this listing
MLS #C8080613
Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
- Year Built
- 1997
Costs
Price, taxes and monthly charges
- List Price
- $850,000
About This Property
This retail in Vancouver offers 680 sqft of living area. Built in 1997.
MLS Remarks
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:60351)
Full Listing Details
Address1250 COMMERCIAL DRIVE
MLS#C8080613
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
Days on Market96
Annual Tax$9,408 (2025)
StyleRetail
Year Built1997
Living Area680 sqft
CityVancouver
ProvinceBritish Columbia
Postal CodeV5L3X4
Lot FeaturesDock height loading
Zoning DetailsC-2C1
UtilitiesWater, Electricity, Telephone
SewerStorm sewer
Annual Tax$9,408 (2025)
Lease Per UnitSquare feet
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