1,337 ft²Retail$2,998,000Sale
1,337 ft²
Retail
$2,998,000
Sale
Ila Ansari
Royal LePage Sussex
The Space
Asking Price$2,998,000
Available Space1,337 ft²
Taxes$22,182/yr
MLS® IDC8078019
ZoningCD 81
Year Built2023
SourceReal Estate Board Of Greater Van
The Building
OVER 5% CAP RATE!! GREAT INVESTMENT PROPERTY FOR SALE IN PRIME LOCATION OF NORTH VANCOUVER! Hamzehali & Associates is pleased to present 1613 Capilano Rd in North Van (Park West at Lions Gate Village). Property is leased to a Daycare business generating $153,750 net yearly inccome that scales up every year with 10 years lease term!! . This AAA commercial retail propert is strategically situated at the Lions Gate Bridge entrance and on the boundary of cities of North Vancouver & West Vancouver. Built by reputable Keltic Canada, this new mixed-use development consisting of 258 condominium units with 13 retail strata units is directly accessible from the intersection of Marine Dr and Capilano Rd. The space consists of almost 1,337 SF space, access to grade loading, high ceilings of almost 18 feet. 158 underground parking are designated to serve the commercial businesses & residential visitors on a first come first serve basis. Amazing opportunity to invest you money in commercial real estate.
Property TypeRetail
Taxes$22,182/yr
MLS® IDC8078019
ZoningCD 81
Year Built2023
Dock Loading
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 assumes no responsibility for its accuracy. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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