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1406 Pemberton Ave 4,055 SF Retail Building North Vancouver, BC V7P 2S1 $5,499,000 CAD ($1,356.10 CAD/SF)



INVESTMENT HIGHLIGHTS
- high visibilty
- signage
- corner lot
- 24 hour access
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a fully renovated, FREESTANDING COMMERCIAL BUILDING on a high visibility corner in North Vancouver. This 5,700 SQFT lot features over 4,050 SQFT of beautifully improved and renovated building with a modern design and architecture, full kitchen, multiple private offices, a one of a kind meeting room, and top tier finishes throughout. Includes 3 covered parking stalls and 4 additional outdoor parking stalls. Zoned EZ-LI, the property offers excellent flexibility for a range of commercial uses and strong future redevelopment potential. Currently leased and generating approximately 5% net return, making it an ideal investment or owner user opportunity. This is a rare offering! There is no other freestanding office/retail/light industrial space on the North Shore with this level of visibility, curb appeal, and build quality. A true trophy property in a growing and desirable area with great potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,055 SF
Building Class
C
Year Built
1957
Price
$5,499,000 CAD
Price Per SF
$1,356.10 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.72
Lot Size
0.13 AC
Zoning
EZ-LI - flexible commercial use
Parking
4 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
40’ on Pemberton
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Signage
- Accent Lighting
- Smoke Detector
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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1406 Pemberton Ave
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