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1122 Commercial Dr 2,205 SF 100% Leased Retail Building Vancouver, BC V5L 3X2 $3,750,000 CAD ($1,700.68 CAD/SF)
Investment Highlights
- Exceptional central location with prime frontage onto Commercial Drive
- Strong commercial retail node with high volumes of foot traffic
- Leased to 2 commercial and 4 residential tenants providing stable income
- High traffic counts with exposure to +14,800 vehicles per day
- Notable parking with ample surface parking at the rear of the building
- Home to Little Italy - an iconic pocket of Metro Vancouver
Executive Summary
Presenting a unique opportunity to acquire a fully tenanted retail investment property at 1122 Commercial Drive.
The opportunity comprises two retail units totalling 2,205 SF on a 3,696 SF site. The units are occupied by Lotus House Tattoo & Salon and Guava Vegan Wellness. The building also contains 4 residential units on the second level. For further information on Net Operating Income (NOI) and lease details, please contact agents.
The opportunity comprises two retail units totalling 2,205 SF on a 3,696 SF site. The units are occupied by Lotus House Tattoo & Salon and Guava Vegan Wellness. The building also contains 4 residential units on the second level. For further information on Net Operating Income (NOI) and lease details, please contact agents.
Property Facts
Sale Type
Investment
Property Type
Building Size
2,205 SF
Year Built
1909
Price
$3,750,000 CAD
Price Per SF
$1,700.68 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.08 AC
Zoning
C-2C1 - Commercial
Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Very bikeable
80/100
Nearby Major Retailers
1 of 3
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1122 Commercial Dr
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