$850,000
( $1250.00Per Sq Foot )
$4,563 est/mo Sourced by Back At You1250 Commercial Drive,Vancouver, BC V5L3X4
Vancouver, BC V5L3X4
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:13843)
Details
| MLS # | C8080613 |
|---|---|
| Listing Type | For Sale |
| Strata Fees | $528 |
| Status | Active |
| Year | 1997 |
| Days On Site | 96 |
| Listing Provided By | Panda Luxury Homes | Kevin Long |
Features
| SQ Feet | 680 |
|---|---|
| Zoning | C-2C1 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Dock height loading |
|---|
Utilities
| Utilities | Water, Electricity, Telephone |
|---|---|
| Sewer | Storm sewer |
Taxes
| Tax Annual Amount | 9408.12 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | BC |
|---|---|
| City | Vancouver |
| Postal Code | V5L3X4 |
| Listing VS Median (in V5L3X4) | |
Price: $850,000 low | high Med: $850,000 sqft: 680 low | high Med: 680 $ / sqft: $1,250 low | high Med: $1,250 On site: 96 low | high Med: 96 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Vancouver |
| Postal Code | V5L3X4 |
| Listing VS Median (in V5L3X4) | |
Price: $850,000 low | high Med: $850,000 sqft: 680 low | high Med: 680 $ / sqft: $1,250 low | high Med: $1,250 On site: 96 low | high Med: 96 | |
Nearby Listings (Within 1/4 mile)
Price: $637K - $1.062M
sqft: 510 - 850
Listing Updated: September 28, 2026 at 7:13:03 PM PDT