1250 COMMERCIAL DRIVE
Vancouver, BC V5L 3X4 · Grandview Woodland
$850,000
Type
Commercial Sale
Category
Retail
Lot Size
0 acres
Zoning
C-2C1
Year Built
1997
Taxes (2025)
$9,408
About This Property
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.
MLS® C8080613. Listed by Panda Luxury Homes. Commercial MLS® data provided by Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack & District Real Estate Board, and BC Northern Real Estate Board. Information deemed reliable but not guaranteed.