- ©MLS C8080613
- Area 680 sq ft
Description
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:48970) Show More
Details
- Constructed Date: 1997
- Property Type: Retail
- Maintenance Fee: 528.18/Monthly
Features
- Dock height loading
Location
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