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1075 Marine Dr
North Vancouver, BC V7P 3T6
Retail Property For Sale
Investment Highlights
- Prime Marine Drive corridor with exposure to over 35,000 VPD serving the broader North Shore community.
- Situated within North Vancouver's primary retail node, steps from Capilano Mall and minutes from Park Royal.
- Commercial Residential Mixed-Use Level 1 OCP designation permits up to 1.75 FSR, supporting existing commercial use while providing a clear framework
- 0.9-year WALE as of August 1, 2026, with the majority of leases rolling by mid- 2027, providing flexibility for owner-user occupancy or repositioning.
- North Vancouver is one of Metro Vancouver’s most supply-constrained commercial submarkets, characterized by a limited land base.
Executive Summary
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 1075 Marine Drive, North Vancouver, B.C. (the "Subject Property"), a 7,450 SF multi-tenant commercial property situated along one of North Vancouver's most established commercial corridors, benefiting from 65 feet of frontage and over 35,000 vehicles per day (VPD). With immediate vacancy available, additional space rolling in 2026, and the majority of remaining leases expiring by mid-2027, the Subject Property offers a compelling owner-user (flexible zoning) opportunity to secure a highly visible Marine Drive address while collecting stable income in the interim.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,450 SF
Building Class
C
Year Built
1983
Price
$5,400,000 CAD
Price Per SF
$724.83 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.92
Lot Size
0.19 AC
Zoning
C9 - Marine Drive Commercial Zone
Parking
2 Spaces (0.27 Spaces per 1,000 SF Leased)
Frontage
65’ on Marine Dr
Amenities
- Air Conditioning
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