Retail For Sale

#106A/106-3711 Delbrook Avenue

North Vancouver, British Columbia

$565,000

707 Sqft
Basic Details
Status: Active
Property Type: Retail
Listing Type: For Sale
Commercial Type: Retail
Price: $565,000
Sq Ft: 707 Sqft
Year Built: 1988
Occupancy: Tenant
Property Description
  • 707 SF Ground Floor Unit
  • Desirable Delbrook Plaza Location
  • Future 4 Storey Development Potential
  • Available as Income Property

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.

Additional Information
106A/106
3711
Delbrook
Avenue
Canada, British Columbia, North Vancouver
CD38
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2019
$2,838.20
Delbrook One Hour Cleaner
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Neighbourhood Information
For More Details
Raman Bayanzadeh
Pouria Nikravan
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"NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assume no responsibility for its accuracy."