Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS® Listing ID C8079456

Property Description

Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Listed by Gammon Property Advisors Corporation

14881 MARINE DRIVE White Rock, BC V4B1C2

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Nader Bakhoum,PMP, P.Eng.

Key Details

Location

Rooms

Exterior

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14881 MARINE DRIVE