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6528-6530 Victoria Dr 2,900 SF 100% Leased Retail Building Vancouver, BC V5P 3X9 $3,888,000 CAD ($1,340.69 CAD/SF)



Investment Highlights
- High-exposure corner location at Victoria Drive and East 49th Avenue
- Redevelopment approved for 19 residential units and one commercial space
- Situated in a vibrant neighborhood with access to transit and amenities
- Strong future upside through approved mixed-use redevelopment
Executive Summary
Prime Corner Investment with Redevelopment Approved! Exceptional opportunity at the high-exposure corner of Victoria Dr & E 49th Ave. This income-producing property currently generates $16,300/month, featuring a long-term commercial tenant (AR Cannabis) at $10,000/month, two 2-bedroom suites at $2,500 each, and one bachelor suite at $1,300. Redevelopment is approved for 9 two-bedroom units, 9 one-bedroom units, and one commercial space, offering tremendous potential for future growth. With strong current cash flow, reliable tenants, and significant redevelopment upside, this is a rare investment opportunity in a prime Vancouver location.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,900 SF
Building Class
C
Year Built
1946
Price
$3,888,000 CAD
Price Per SF
$1,340.69 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.74
Lot Size
0.09 AC
Zoning
C-2 - Commercial
Parking
3 Spaces (0.86 Spaces per 1,000 SF Leased)
Frontage
37’ on victoria Dr
Amenities
- Bus Line
- Signage
- Signalized Intersection
Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 5
Videos
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Photos
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6528-6530 Victoria Dr
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