Prime opportunity to purchase a well located, ground floor commercial retail unit within the Delbrook Plaza. Minutes from HWY1, the Delbrook Plaza is well situated in North Vancouver’s Upper Delbrook neighborhood in close proximity to Edgemont Village, Westview Shopping Centre, local library & community centre.
Combined of two separate legal titles this retail property offers a total of 707 SF of fully fixtured space & comes with 2 dedicated parking spots in addition to abundant visitor parking. Currently tenanted at a below market rent of $25/sf providing potential to increase rents and Net Income. Can be delivered vacant for Owner Occupiers subject to conditions. In addition to desirable holding income, this investment, upon assembly provides supreme future appreciation being designated as CRMU1 in the DNVs’ OCP permitting future res/com mix development of up to 1.75 FSR.
DO NOT APPROACH THE TENANT.