604.542.2444

1250 Commercial Drive

Grandview Woodland, Vancouver East

$850,000


Type: Retail


About this Retail

Excellent income-producing investment with an approximate 5.08% cap rate and long-term stable rental income. Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established long-term tenant with a renewal option, providing secure and reliable cash flow. Includes 1 secured underground parking stall. Major capital improvements include building-wide plumbing replacement (2022) and a new HVAC system (2023), minimizing future maintenance concerns. A turnkey investment opportunity in one of Vancouver's most sought-after retail locations.

Listed by Panda Luxury Homes.

TypeRetail
Sub TypeRetail

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Photo 1 at 1250 Commercial Drive, Grandview Woodland, Vancouver East Photo 2 at 1250 Commercial Drive, Grandview Woodland, Vancouver East

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