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1350 Commercial Dr 4,835 SF Retail Building Vancouver, BC V5L 3X6 $4,783,738 USD ($989.40 USD/SF)
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
The Subject Property is ideally located on the corner of Commercial Drive and Kitchener Street along the most vibrant commercial strip of Commercial Drive. The available Property is surrounded by various authentic merchants, cool restaurants, and charming specialty boutiques that make up the area known as “The Drive”. This sought-after neighbourhood offers a diverse selection of eateries, local cafes, pubs, quaint shops and services, as well as is surrounded by a dense residential area.
Situated just a 1-minute walk from Grandview Park and a short bus or drive to the major Commercial-Broadway Station, the Property sees consistent daytime, nighttime, and weekend traffic. The area is well-served by multiple transit lines and is conveniently located in proximity to Downtown Vancouver and Highway-1.
Situated just a 1-minute walk from Grandview Park and a short bus or drive to the major Commercial-Broadway Station, the Property sees consistent daytime, nighttime, and weekend traffic. The area is well-served by multiple transit lines and is conveniently located in proximity to Downtown Vancouver and Highway-1.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,835 SF
Building Class
B
Year Built
1976
Price
$4,783,738 USD
Price Per SF
$989.40 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
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Very bikeable
80/100
Nearby Major Retailers
1 of 8
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1350 Commercial Dr
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