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15081 Marine Dr 1,260 SF Retail Building White Rock, BC V4B 1C5 $1,699,900 CAD ($1,349.13 CAD/SF)
Investment Highlights
- Premier oceanfront location with panoramic views of White Rock Pier.
- Existing structure offers turn-key restaurant operation or lease option.
- Proposed OCP supports up to four storeys and 2.0 FAR for expanded potential.
- High-exposure site ideal for restaurant or mixed-use development.
- Current zoning allows three-storey build with commercial and residential mix.
- Rare land assembly opportunity with adjacent properties available.
Executive Summary
UNOBSTRUCTED OCEAN VIEW COMMERCIAL PROPERTY IN WHITE ROCK! Exceptional opportunity to acquire a premier piece of oceanfront real estate with panoramic, unobstructed views overlooking the iconic White Rock Pier. This high-exposure location offers one of the best views on White Rock Beach. Currently improved with a structure equipped for restaurant use, the property presents a turn-key operation or the option to lease at an estimated $7,000/month. Zoned for mixed-use development, the current zoning permits construction of a three-storey building with commercial space on the ground floor and two levels of residential above. Under the proposed new OCP, there is potential for up to four storeys and a 2.0 FAR-allowing for nearly 4,000 square feet of buildable space. Rare opportunity with potential for land assembly-adjacent properties may also be available for acquisition. Don't miss your chance to own and develop in one of the most sought-after beachfront locations in the Lower Mainland.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,260 SF
Building Class
B
Year Built
1950
Price
$1,699,900 CAD
Price Per SF
$1,349.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.64
Lot Size
0.05 AC
Zoning
CR-3
Frontage
28’ on Marine Dr
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Tenant Controlled HVAC
- Waterfront
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (91)
Nearby Major Retailers
1 of 11
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15081 Marine Dr
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