Retail For Sale

850 Marine Drive

North Vancouver, British Columbia

$434,000
630 Sqft
Basic Details
Status: Sold
Property Type: Retail
Listing Type: For Sale
MLS #: 1293
Price: $434,000
Sq Ft: 630 Sqft
Property Description
  • Brand New Retail Units
  • Prime Marine Drive Exposure
  • Over 20,000 per day Vehicle Traffic
  • Potential 6% Cap Rate

This perfect size 630 Sq Ft retail opportunity offers premium exposure through its rectangular shape offering almost 30 ft of frontage and is ideally located on Marine Drive, a busy east-west artery that extends along the both North and West Vancouver. This unit ideally provides 1 dedicated undergroung parking stall and access to 2 common commercial washrooms.

This high profile commercial retail unit is exposed to over 20,000 vehicles throughout the day and is easily accessible to those travelling through the region. Close-by tenants include PriceSmart, Shoppers Drug Mart, RBC , CIBC , Coast Capital, Bed Bath & Beyond, Thrifty Foods, Swiss Chalet, and Golf Town. A variety of Medical and Dental clinics also operate in close proximity. North Vancouver’s largest shopping centre, Capilano Mall, and also Capilano Village Square are also located directly across from the property and provide a much desired retail specific traffic and exposure.

Additional Information
850
Marine Drive
Canada, British Columbia, North Vancouver
CD-571/C2
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$265
2013
$5,590
Asset
$41
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Neighbourhood
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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."