2879 Commercial DR Active Save Request In-Person Tour Request Virtual Tour
Vancouver,BC V5N 0A6
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8065281
Year Built 2011
Property Sub-Type Retail
Property Description
Fully revitalized strata retail unit with a delightful boutique bakery tenant, generating steady income from a recently signed lease. Boasting a 4.3% CAP rate at the asking price, this property offers a smart investment opportunity aligned with the vision and vibrancy of the neighborhood. Located in a neighborhood rich in culture and history, The Drive is known for its eclectic mix of shops, renowned restaurants like The Burrow and Lunch Lady, and popular events such as Italian Day on the Drive. With excellent visibility, a strategic location near a new mixed-use development, and easy access—just a 6-minute walk to the Commercial-Broadway SkyTrain station, this property promises long-term growth in one of Vancouver's most dynamic communities.
Location
Province BC
Community Grandview Woodland
Area Vancouver East
Zoning C-2C1
Building
Sewer Public Sewer
Water Public
Others
Ownership Strata