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Waterfront business centre 1281 Johnston Rd 7,205 SF 100% Leased Office Building White Rock, BC V4B 3Y9 $7,250,000 CAD ($1,006.25 CAD/SF)
Investment Highlights
- Multi-tenanted with strong income in place at $342,855 per annum (2026).
- Abundant on-site parking complimented by free curbside parking along Johnston Road.
- Extensively renovated in recent years.
- In-place redevelopment potential as the White Rock OCP allows for a multi-storey mixed-use building.
Executive Summary
Colliers is pleased to present the opportunity to acquire 1281 Johnston Road, White Rock, BC (the “Property”). This multi-tenanted, three-storey commercial building offers 7,003 SF of commercial space and is situated on a 0.18-acre (7,963 SF) lot with direct exposure to Johnston Road and Prospect Lane. The Property has been fully renovated and features a third-floor patio with unobstructed panoramic ocean views.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,205 SF
Building Class
B
Year Built/Renovated
1995/1997
Price
$7,250,000 CAD
Price Per SF
$1,006.25 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,470 SF
Slab To Slab
8’
Building FAR
0.87
Lot Size
0.19 AC
Zoning
CR-2 - Lower Town Centre Area commercial/residential zone
Parking
14 Spaces (1.9 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
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Walk Score®
Walker's Paradise (96)
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Videos
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Photos
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Street
Map
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Waterfront business centre | 1281 Johnston Rd
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