2879 Commercial Dr - Storefront Retail/Office CONDO FOR SALE


Vancouver, BC V5N 0A6
$1,298,000 CAD
604-662-2616
2879 Commercial Dr, Vancouver, BC for Sale
$1,298,000 CAD
Storefront Retail/Office CONDO - FOR SALE
1/8
null | 4.3% Cap Rate

2879 Commercial Dr
Vancouver, BC V5N 0A6


OVERVIEW

Fully revitalized strata retail unit with a delightful boutique bakery tenant, generating steady income from a recently signed lease. Boasting a 4.3% CAP rate at the asking price, this property offers a smart investment opportunity aligned with the vision and vibrancy of the neighborhood. Located in a neighborhood rich in culture and history, The Drive is known for its eclectic mix of shops, renowned restaurants like The Burrow and Lunch Lady, and popular events such as Italian Day on the Drive. With excellent visibility, a strategic location near a new mixed-use development, and easy access'just a 6-minute walk to the Commercial-Broadway SkyTrain station, this property promises long-term growth in one of Vancouver's most dynamic communities.

FOR SALE DETAILS

PRICE

$1,298,000 CAD

PRICE/SF

$1,280 CAD /SF

CAP RATE

4.3%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fusion

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

6,547 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

C-2C1

APN/PARCEL ID

028-633-971

ASK ABOUT THIS PROPERTY

Kelvin LukMacdonald CommercialMore Info
604-662-2616

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Kelvin LukMacdonald CommercialMore Info
604-662-2616

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