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1867-1873 Marine Dr 1,233 SF Retail Condo Unit Offered at $2,300,000 CAD in West Vancouver, BC V7V 1J7
Investment Highlights
- Street-front strata retail unit in the Ambleside Business District
- Interior features reception, treatment rooms, storage, and an accessible washroom with shower
- Located within walking distance of parks, waterfront trails, and essential amenities
- Currently leased to a long-term tenant with no renewal option, creating owner-user potential
- Three covered parking stalls provided for convenience and tenant appeal
- Direct access to Marine Drive transit connections, with Park Royal and Lions Gate Bridge 5 minutes away
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 018-241-727 |
| Sale Type | Investment |
| APN/Parcel ID | 018-241-727 |
Sale Notes
This ground floor retail strata unit is located in a mixed commercial/residential development consisting of two (2) retail commercial tenants and eight residentail strata units. Built circa 1993 this unit is adjacent to a Podiatry clinic, Memorial Park to the west and two blocks south of Seawalk Gardens and the Spirit Trail. This property is located on the Marine Drive Public Transit line connecting Park Royal Shopping Centre, Ambleside and Dundarave business districts.
The current tenant has been at this location for over 15 years and is operating a day spa and rejuvenation clinic. The space has newer improvements with generous waiting room/reception and seating areas, 7 treatment rooms, storage, handicap washroom with adjoining shower facility. The current tenant does not have an Option to Renew at the end of their Lease. This provides an ideal opportunity to self-occupy on busy Marine Drive or continue to collect rent for positive cash flow.
The current tenant has been at this location for over 15 years and is operating a day spa and rejuvenation clinic. The space has newer improvements with generous waiting room/reception and seating areas, 7 treatment rooms, storage, handicap washroom with adjoining shower facility. The current tenant does not have an Option to Renew at the end of their Lease. This provides an ideal opportunity to self-occupy on busy Marine Drive or continue to collect rent for positive cash flow.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1867 | 1,233 SF | Retail | $2,300,000 CAD ($1,865.37 CAD/SF) | - |
Unit 1867
| Unit Size |
| 1,233 SF |
| Condo Use |
| Retail |
| Price |
| $2,300,000 CAD ($1,865.37 CAD/SF) |
| NOI |
| - |
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Unit 1867
| Unit Size | 1,233 SF |
| Condo Use | Retail |
| Price | $2,300,000 CAD ($1,865.37 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 018-241-727 |
| Sale Notes | |
| This ground floor retail strata unit is located in a mixed commercial/residential development consisting of two (2) retail commercial tenants and eight residentail strata units. Built circa 1993 this unit is adjacent to a Podiatry clinic, Memorial Park to the west and two blocks south of Seawalk Gardens and the Spirit Trail. This property is located on the Marine Drive Public Transit line connecting Park Royal Shopping Centre, Ambleside and Dundarave business districts. <br> <br> The current tenant has been at this location for over 15 years and is operating a day spa and rejuvenation clinic. The space has newer improvements with generous waiting room/reception and seating areas, 7 treatment rooms, storage, handicap washroom with adjoining shower facility. The current tenant does not have an Option to Renew at the end of their Lease. This provides an ideal opportunity to self-occupy on busy Marine Drive or continue to collect rent for positive cash flow.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,571 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 7,786 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1993 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Total Building Size | 15,571 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 7,786 SF |
| Year Built | 1993 |
| Parking Ratio | 0.96/1,000 SF |
Amenities
- Bus Line
- Signage
- Balcony
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1867-1873 Marine Dr
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