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140 E 14th St - Springhill Place 3,288 SF Retail Condo Unit Offered at $3,950,000 CAD in North Vancouver, BC V7L 2N3
INVESTMENT HIGHLIGHTS
- Central Lonsdale.
- Surronded by popular retail tenants and restaurants.
- Four (4) stalls plus seven (7) stalls for visitors of commercial tenants.
EXECUTIVE SUMMARY
Central Lonsdale is one of the North Shore’s busiest retail areas and is the focus for new development featuring increased density for rental and market condominiums, office space and a new recreation centre. The property has been professionally maintained and managed and will provide exceptional value for a new owner.
PROPERTY FACTS
| Total Building Size | 70,000 SF | Typical Floor Size | 5,833 SF |
| Property Type | Multifamily (Condo) | Year Built | 1994 |
| Property Subtype | Apartment | Lot Size | 0.47 AC |
| Building Class | B | Parking Ratio | 0.7/1,000 SF |
| Floors | 12 | ||
| Zoning | Mixed Use - Mixed Use Level 4B High Density | ||
| Total Building Size | 70,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 5,833 SF |
| Year Built | 1994 |
| Lot Size | 0.47 AC |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | Mixed Use - Mixed Use Level 4B High Density |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Range
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Security System
- On-Site Retail
- Public Transportation
1 UNIT AVAILABLE
Unit 1
| Unit Size | 3,288 SF | Sale Type | Investment |
| Price | $3,950,000 CAD | Cap Rate | 3.48% |
| Price Per SF | $1,201.34 CAD | NOI | $137,460 CAD |
| Condo Use | Retail | No. Parking Spaces | 11 |
| Unit Size | 3,288 SF |
| Price | $3,950,000 CAD |
| Price Per SF | $1,201.34 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 3.48% |
| NOI | $137,460 CAD |
| No. Parking Spaces | 11 |
DESCRIPTION
Extremely rare opportunity to purchase four tenanted commercial retail units in central Lonsdale located between Lions Gate Hospital and Lonsdale Avenue.
SALE NOTES
Extremely rare opportunity to purchase four tenanted commercial retail units in central Lonsdale located between Lions Gate Hospital and Lonsdale Avenue.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 49 | - | 950 - 1,200 |
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140 E 14th St - Springhill Place
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