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1108 Commercial Dr
Vancouver, BC V5L 3X2
Retail Property For Sale
Investment Highlights
- Two retail storefronts with prominent frontage along busy Commercial Drive.
- Highly visible location in one of Vancouver’s most dynamic shopping and dining destinations.
- C-2C1 zoning allows for a broad range of commercial and mixed-use possibilities.
- Two upper-level residential suites generating additional income potential.
- Convenient access to community amenities, parks, and local schools.
- On-site parking for three vehicles at the rear of the property.
Executive Summary
The DRIVE, formerly known as "Little Italy,"is a unique Vancouver neighbourhood and shopping district. C-2C1 zoning with high-traffic, high-visibility retail exposure makes this an excellent business opportunity. This two-storey free-standing building features two 2-bedroom residential suites on the second level and two retail units on the ground floor, offering approximately 4,000 sq. ft. of total space. Three parking spaces are located at the rear. Conveniently located close to Britannia Community Services Centre, Britannia Elementary and Secondary Schools, and just steps from Grandview Park. Please do not disturb the existing tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,736 SF
Building Class
C
Year Built
1972
Price
$2,461,803 USD
Price Per SF
$519.81 USD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.08 AC
Zoning
C-2C1 - C-2C1 zoning allows for a broad range of commercial and mixed-use possibilities.
Parking
1 Spaces (0.21 Spaces per 1,000 SF Leased)
Frontage
32’ on Commercial Drive
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