1500 Howe St - Office CONDO FOR SALE
Vancouver, BC V6Z 2M8 |
$1,398,000 CAD
604-716-8875
1500 Howe St
Vancouver, BC V6Z 2M8
OVERVIEW
A high-exposure 961 SF commercial retail unit, home to the beloved neighborhood bakery, Tartine Bread & Pies. A cherished local institution for decades, this establishment benefits from a long-term lease, providing stable income for investors. A Solid long term existing lease to reputable Bakery ,currently net rent monthly $3,110.03, last renewed in 2023 and expires in 2028 with annual rental escalation. Located at 770 Beach Ave, the property is just south of Westbank's iconic Vancouver House development and a block away from the renowned Seabreeze Walk along the False Creek seawall. Please respect the Tenant's privacy by refraining from direct inquiries. For more details, contact the listing agent today. PHYSICAL ADDRESS IS 770 BEACH AVE. LEGAL ADDRESS IS 1500 HOWE ST.
FOR SALE DETAILS
PRICE
$1,398,000 CAD
PRICE/SF
$1,455 CAD /SF
CAP RATE
Request Cap Rate
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
961 SF
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
2
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
BCPED
APN/PARCEL ID
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604-716-8875
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604-716-8875
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