6,000 ft²Other$3,890,000Sale
6,000 ft²
Other
$3,890,000
Sale
Allon Shapiro
Lennard Commercial Realty
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Lennard Commercial Realty is pleased to offer for sale on an exclusive basis, a highquality mixed-use building located at 3589-3599 Commercial Street in the coveted Cedar Cottage Neighbourhood. The property consists of two levels with four ground floor commercial spaces and four residential units above, totalling approximately 6,000 SF of leasable area.
The Space
Asking Price$3,890,000
Available Space6,000 ft²
Net Operating Income$29246.10
Property UseInvestment property / Mixed use
SourceDirect
The Building
• Fully leased, 5%+ cap rate in Vancouver • 2 Commercial tenants (Occupying 2 units each), 4 Residential tenants (750 SF each) • Completely renovated in 2012 to a very high level • Residential units pay their own heat and hot water and have in-suite washer/dryer • Walking distance to Trout Lake Community Centre, John Hendry Park (Trout Lake), Lord Selkirk Elementary and Gladstone Secondary School • Trendy location with eclectic shops and notable restaurants along Commercial Street • Corner lot with heritage aesthetic and curb appeal
Property TypeOther
Floors2
Building Size6,000 ft²
Lot Size4,158 ft²
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