Norgate · North Vancouver · BC
1406 Pemberton Avenue
Retail · For sale
Asking
$4,998,000
MLS® C8077447
- Lot
- 5,662.8 sqft
- Built
- 1957
The property
Exceptional opportunity to acquire a fully renovated, FREESTANDING COMMERCIAL BUILDING on a high visibility corner in North Vancouver. This 5,700 SQFT lot features over 4,050 SQFT of beautifully improved and renovated building with a modern design and architecture, full kitchen, multiple private offices, a one of a kind meeting room, and top tier finishes throughout. Includes 3 covered parking stalls and 4 additional outdoor parking stalls. Zoned EZ-LI, the property offers excellent flexibility for a range of commercial uses and strong future redevelopment potential. Currently leased and generating approximately 5% net return, making it an ideal investment or owner user opportunity. This is a rare offering! There is no other freestanding office/retail/light industrial space on the North Shore with this level of visibility, curb appeal, and build quality. A true trophy property in a growing and desirable area with great potential.
Facts & features
Costs
- Gross taxes (2024)
- $26,871
The property
- Title
- Freehold
- Zoning
- EZ-LI
- Heating
- Heat Pump, HVAC System
- Cooling
- Central Air, Air Conditioning, HVAC System
Listed by Angell, Hasman & Associates Realty Ltd.
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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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