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INVESTMENT HIGHLIGHTS
- Prime corner location with 64 feet of frontage on Commercial Drive.
- Surrounded by high-foot-traffic retailers and dense residential.
- Includes five surface parking stalls and one loading stall.
- Fully leased to two strong tenants with stable income.
- Exposure to over 14,800 vehicles daily.
- Steps from Grandview Park and near Commercial-Broadway Station.
EXECUTIVE SUMMARY
Located at the high-visibility corner of Commercial Drive and Kitchener Street, this fully leased retail property offers investors a rare opportunity to acquire a stabilized asset in one of Vancouver’s most dynamic commercial corridors. Known locally as “The Drive,” the area is a cultural and culinary hub, home to Little Italy and a vibrant mix of independent retailers, restaurants, and specialty shops.
The property spans 4,835 square feet across two units, situated on a 7,232-square-foot site with 64 feet of frontage. Tenants include Famoso Italian Pizzeria and Rosemary Rocksalt Bagels, both well-established operators with strong covenants. Famoso is currently undergoing a rebranding under new ownership, adding upside potential to the tenancy profile.
Positioned just steps from Grandview Park and minutes from Commercial-Broadway Station, the site benefits from exceptional pedestrian and vehicular traffic, with exposure to over 14,800 vehicles per day. The surrounding neighborhood is dense with residential housing, ensuring consistent daytime and evening footfall. The property includes five surface parking stalls and one loading stall, enhancing accessibility for tenants and customers alike.
Zoned C-2C Commercial, the site supports a range of retail and service uses. With proximity to Downtown Vancouver and Highway 1, this location offers both local vibrancy and regional connectivity. Investors seeking a turnkey retail asset in a high-demand urban setting will find 1350 Commercial Drive to be a compelling opportunity.
The property spans 4,835 square feet across two units, situated on a 7,232-square-foot site with 64 feet of frontage. Tenants include Famoso Italian Pizzeria and Rosemary Rocksalt Bagels, both well-established operators with strong covenants. Famoso is currently undergoing a rebranding under new ownership, adding upside potential to the tenancy profile.
Positioned just steps from Grandview Park and minutes from Commercial-Broadway Station, the site benefits from exceptional pedestrian and vehicular traffic, with exposure to over 14,800 vehicles per day. The surrounding neighborhood is dense with residential housing, ensuring consistent daytime and evening footfall. The property includes five surface parking stalls and one loading stall, enhancing accessibility for tenants and customers alike.
Zoned C-2C Commercial, the site supports a range of retail and service uses. With proximity to Downtown Vancouver and Highway 1, this location offers both local vibrancy and regional connectivity. Investors seeking a turnkey retail asset in a high-demand urban setting will find 1350 Commercial Drive to be a compelling opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,835 SF
Building Class
B
Year Built
1976
Price
$4,656,427 USD
Price Per SF
$963.07 USD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.65
Lot Size
0.17 AC
Zoning
C-2C - Commercial
Parking
6 Spaces (1.24 Spaces per 1,000 SF Leased)
Frontage
71’ on Commercial Drive
AMENITIES
- Bus Line
- Corner Lot
- Signage
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
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1350 Commercial Dr
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