2899 Commercial Drive

Retail-Commercial for Sale
Catylist Listing ID: 30409559
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 1,422 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $879.04 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 4.21%
Last Updated: 8/20/2019

Overview / Comments

Excellent Investment Opportunity - Retail/Office Space in East Vancouver
Retail/Office space at Commercial Drive and 12th Avenue with tenant in place until October 2019.

This unit has excellent corner exposure for high visibility to pedestrian and vehicle traffic. Ample street parking available with secure underground parking.

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Taxing Authority: Vancouver
Parcel ID: 028-634-004
Retail Clientele: General, Business, Tourist
Property Visibility: Excellent
Largest Nearby Street: Grandview & Broadway
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 2011
Total Parking Spaces: 1
Parking Type: Underground
Air Conditioning: Engineered System
Internet Access: Cable

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Contact

Photograph of Listing Agent

Dean Thomas

Personal Real Estate Corporation
HQ Real Estate Services Inc. Commercial First Member
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