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Fraser Elliott
Fraser Elliott
Fraser Elliott Real Estate Group
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17,742 ft²
Multifamily
$7,300,000
Sale


INVESTOR ALERT! Mixed-used building in PRIME location at the corner of Commercial Drive and E. 14th Ave. 13 residential units plus 1 commercial space (can be split into 2). Approximate GROSS income of $208,720 per year not including the 3 bedroom owner's suite that can be rented after completion. 7 of the 13 residential units have been updated. (Residential Breakdown: 6 - one bedroom units, 4 - two bedroom units and 3 - three bedroom units.) Unbeatable Commercial Drive location close to skytrain and countless shops, restaurants, services and Clark Park directly across the street. Potential for redevelopment.


The Space
TypeProperty for sale
AvailableImmediately
Asking Price$7,300,000

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The Building

INVESTOR ALERT! Mixed-used building in PRIME location at the corner of Commercial Drive and E. 14th Ave. 13 residential units plus 1 commercial space (can be split into 2). Approximate GROSS income of $208,720 per year not including the 3 bedroom owner's suite that can be rented after completion. 7 of the 13 residential units have been updated. (Residential Breakdown: 6 - one bedroom units, 4 - two bedroom units and 3 - three bedroom units.) Unbeatable Commercial Drive location close to skytrain and countless shops, restaurants, services and Clark Park directly across the street. Potential for redevelopment.


Property TypeMultifamily
Floors3
Building Size17,742 ft²
Lot Size6,412 ft²

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