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:44056)
Property Details
Full Address:
1250 COMMERCIAL DRIVE, Vancouver, British Columbia
Price:
$ 850,000
MLS Number:
C8080613
List Date:
July 21st, 2026
Year Built:
1997
Taxes:
$ 9,408
Listing Tax Year:
2025
Interior Features
Building Features
Sewer:
Storm sewer
Utilities:
Water, Electricity, Telephone
Zoning Detail:
C-2C1
Taxes:
$ 9,408
Stata Fees:
$ 528
Stata Fee Frequency:
Monthly
Floors
Finished Area:
680 sq.ft.
Land
Lot Features:
Dock height loading
Neighbourhood Features
Ratings
Commercial Info
Neighbourhood Details
Location
Mortgage Calculator
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