1250 Commercial Drive, Vancouver, British Columbia

About 1250 Commercial Drive

Excellent income-producing investment with an approximate 5.41% 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 to 09/30/2028 with a 3 years 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:6289)

More Info on this MLS® listing

1250 Commercial Drive is a listing for sale in Vancouver. The MLS® number is C8080613. It was built in 1997 and covers 680 square feet. It's currently listed for $799,000. For more details on MLS® C8080613, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Vancouver is available now!

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