Strata Offices for Sale

#107A 109 110 110A-3711 Delbrook Avenue

North Vancouver, British Columbia

$1,950,000

1,926 Sqft
Basic Details
Status: Active
Property Type: Office
Listing Type: For Sale
Commercial Type: Office Building
MLS® #: C8030830
Price: $1,950,000
Sq Ft: 1,926 Sqft
Year Built: 1988
Lot Area: 73,700 Sqft
Occupancy: Tenant
Property Description
  • 1,926 SF of Finished Office Properties
  • Desirable Delbrook Location
  • 4 Storey Development Potential
  • Available as Income Property
  • Available as Owner Occupier

Excellent opportunity to purchase a fully improved office property 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. This office opportunity is a combination of 4 strata lots providing 1,926 sq improved as 11 offices each with their own heat pumps, AC units and security alarm panels, offers dedicated parking spots in addition to abundant visitor parking.

Currently tenanted on a 5yr term at $30/sf providing a sound 3% Cap investment but vacant possession can be arranged if required. 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
107A 109 110 110A
3711
Delbrook
Avenue
Canada, British Columbia, North Vancouver
CD38
Condo Strata Complex, Commercial Mis
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2019
$9,856.17
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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."