1635 Marine Dr - Multi-Family FOR SALE


North Vancouver, BC V7P 1V1- North Shore
$4,100,000 CAD
778-998-4663
1635 Marine Dr, North Vancouver, BC for Sale
$4,100,000 CAD
Multi-Family - FOR SALE
1/12
null | 4.36% Cap Rate

1635 Marine Dr
North Vancouver, BC V7P 1V1
North Shore


HIGHLIGHTS

  • Freestanding Mixed use Building (Retail and Residential)
  • Fully Rebuilt
  • Ideal for Owner-Occupiers (Dentist, GP, Pharmacy, Restaurant, possibility of a Daycare*, and/ more) or Investor

OVERVIEW

Embrace the epitome of urban investment in the heart of North Vancouvers Norgate community. Meticulously renovated from the studs out; this fully vacant mixed-use property boasts three modern residential units and two perfect sized retail spaces facing the busy Marine Drive. Each residential unit exudes contemporary elegance, offering spacious layouts and premium finishes to cater to the discerning urban renter. The retail spaces are primed for occupancy, complete with storage, HVAC and a built out washroom. Centrally located, this building enjoys unparalleled access to transportation, amenities, and a diverse array of dining and entertainment options. Benefit from North Vancouver’s robust market fundamentals, including low vacancy rates, a burgeoning population, and upward pressure on rents strategically situated to capitalize on the city’s thriving economy and dynamic community.

FOR SALE DETAILS

PRICE

$4,100,000 CAD

PRICE/SF

$1,071 CAD /SF

# OF UNITS

5

PRICE/UNIT

$820,000

CAP RATE

4.36%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newly Built Mixed Use Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C9

APN/PARCEL ID

010-618-031

ASK ABOUT THIS PROPERTY

Chris HayneRoyal LePage City CentreMore Info
778-998-4663

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Chris HayneRoyal LePage City CentreMore Info
778-998-4663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.