115 E 1ST STREET new

North Vancouver,BC V5M 4N8

$ 11600000

- Bed

- Bath

19607 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 19,607 sqft

Price per Sqft $591

Subdivision Lower Lonsdale

MLS Listing ID C8067398

Annual Tax Amount $77,924

Tax Year 2024

Property Description

CBRE is pleased to present the rare opportunity to acquire a high-quality mixed-use investment property in the heart of Lower Lonsdale. The property consists of 18 residential suites and 4 retail units all currently occupied by high quality tenants. The building is located in the heart of Lower Lonsdale and benefits from retail frontage along East 1st Avenue and the vibrant Lolo Lane. The residential suite mix provides 16 one-bedroom and 2 two-bedroom suites, with the ability to improve the income significantly upon tenant turnover. Further, the property has been extensively renovated with significant and recent capital improvements including windows, plumbing, electrical, structural reinforcing and more.

Location

Province BC

Community Lower Lonsdale

Area North Vancouver

Zoning British Columbia Default Zone

Region Greater Vancouver

City Region Greater Vancouver

Building

Dwelling Type Multi-Family Commercial,Retail

Story 4

Water Municipal

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