Mixed-Use Rental Building (10 Residential & 3 Retail Units) and Freestanding Industrial Building
Available Space10,710 ft²
Property UseInvestment property
Net Operating Income$296,595/yr
Situated in Vancouver's vibrant Commercial Drive neighbourhood, the property at 3603 – 3611 Commercial Street offers a prime location. This bustling area offers a mix of residential, commercial, industrial, and cultural amenities, with diverse shopping, dining, and entertainment options. Its proximity to Downtown provides easy access to the city center, while excellent transportation links and nearby parks cater to outdoor enthusiasts. The neighbourhood's lively arts scene, festivals, and community events contribute to its vibrant atmosphere, making it an ideal place to live, work, and experience a diverse and enriching lifestyle.
The NAI ApartmentBlocks Team is pleased to present the opportunity to acquire two separate neighbouring properties located on Commercial Street. 3603 Commercial was built in 1978 comprising of 10 residential rental suites with 6 two-bedroom suites, and 4 one-bedroom suites. The ground floor consists of three retail units, with annual rent increases in place. 3611 Commercial was built in 1968 and consists of a freestanding single-storey industrial building with a gross leasable area of 2,538 square feet on a 3,573 square foot lot. For more information on the current tenancies, please contact the listing agents.