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3589 Commercial St 5,452 SF 100% Leased Retail Building Vancouver, BC V5N 4E9 $2,883,767 USD ($528.94 USD/SF) 5% Cap Rate
Investment Highlights
- Renovated mixed-use investment property
- It has excellent exposure and was completely restored to exacting standards
- Well located on the corner of Commercial Street and E. 20th
- It is fully tenanted and boasts a 5.0% return on existing income.
Executive Summary
This mixed-use investment property is well located on the corner of Commercial Street and E. 20th. It has excellent exposure and was completely restored to exacting standards. It is fully tenanted and boasts a 5.0% return on existing income. For further information, please call or email.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,452 SF
Year Built
1910
Price
$2,883,767 USD
Price Per SF
$528.94 USD
Cap Rate
5%
NOI
$144,188 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Zoning
MC-1 - Industrial
Frontage
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (87)
Nearby Major Retailers
1 of 4
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3589 Commercial St
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