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1250 COMMERCIAL DRIVE

Vancouver, BC, V5L3X4

Listed by Panda Luxury Homes

$850,000

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  • 680 sq ft

Listed 92 days ago · MLS® C8080613

About this home

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:66966)

Details

Type
Retail
Size
680 sq ft
Property tax
$9,408 (2025)
Maintenance fee
$528/month
Municipality
Vancouver

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Storm sewer
Utilities
Water, Electricity, Telephone

Building and exterior

Year built
1997

Location

Location is approximate. See nearby homes on the map

Listed by Panda Luxury Homes.

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