Grandview Woodland · Vancouver · BC
1250 Commercial Drive
Retail · For sale
Asking
$850,000
MLS® C8080613
- Built
- 1997
- Parking
- 1
The property
Excellent income-producing investment with an approximate 5.08% cap rate and long-term stable rental income. Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established long-term tenant with a renewal option, providing secure and reliable cash flow. Includes 1 secured underground parking stall. Major capital improvements include building-wide plumbing replacement (2022) and a new HVAC system (2023), minimizing future maintenance concerns. A turnkey investment opportunity in one of Vancouver's most sought-after retail locations.
Facts & features
Costs
- Gross taxes (2025)
- $9,408
- Strata maintenance
- $528 / month
The property
- Title
- Strata
- Zoning
- C-2C1
- Heating
- Baseboard
Features
- Building
- Dock Loading, Storefront
Listed by Panda Luxury Homes
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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 Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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