$799,000
( $1175.00Per Sq Foot )
 $4,289 est/mo Sourced by Back At You

1250 Commercial Drive,Vancouver, BC V5L3X4

Vancouver, BC V5L3X4

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Description

Excellent income-producing investment with an approximate 5.41% 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 to 09/30/2028 with a 3 years 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. (id:13843)

Details

MLS #C8080613
Listing TypeFor Sale
Strata Fees$528
StatusActive
Year1997
Days On Site109
Listing Provided ByPanda Luxury Homes | Kevin Long

Features

SQ Feet680
ZoningC-2C1

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesDock height loading

Utilities

UtilitiesWater, Electricity, Telephone
SewerStorm sewer

Taxes

Tax Annual Amount9408.12
Tax Year2025

Area Information

ProvinceBC
CityVancouver
Postal CodeV5L3X4
Listing VS Median (in V5L3X4)
Price:
$799,000
low | high
Med:
$799,000
50% of Average
sqft:
680
low | high
Med:
680
50% of Average
$ / sqft:
$1,175
low | high
Med:
$1,175
50% of Average
On site:
109
low | high
Med:
109
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityVancouver
Postal CodeV5L3X4
Listing VS Median (in V5L3X4)
Price:
$799,000
low | high
Med:
$799,000
50% of Average
sqft:
680
low | high
Med:
680
50% of Average
$ / sqft:
$1,175
low | high
Med:
$1,175
50% of Average
On site:
109
low | high
Med:
109
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $599K - $998K
sqft: 510 - 850
Nearby Listings Property ImageNearby Listings Details
881 SALSBURY DRIVE Property Photo 1
$819,000
881 Salsbury Drive
Vancouver, BC V5L4A3
Listing Updated: October 30, 2026 at 2:39:51 PM PDT