Mixed-Use
1828 Commercial Drive
1828 Commercial Dr, Vancouver, BC V5N 4A5
Listing Price: $6,198,000
Cap Rate
3.04%
Number of Units
8
Occupancy
100.0%
Price/Unit
$774,750
Price/Gross SF
$1,788.74
Gross SF
3,465
Investment Overview
1828 Commercial Drive presents investors the opportunity to purchase a generationally owned and managed mixed-use asset, located along the desirable and trendy Commercial Drive.
1828 Commercial Drive
Investment Highlights
- The building features eight units, including two retail units, two two bedroom units, and four one bedroom units.
- The majority of the residential units have been updated and include new flooring and cabinets.
- The property has redevelopment potential with current C-2C zoning allowing redevelopment up to 3.0 FSR for all uses, and 3.5 FSR for residential rental.
Exclusively Listed By
Listing Price: $6,198,000
Cap Rate
3.04%
Number of Units
8
Occupancy
100.0%
Price/Unit
$774,750
Price/Gross SF
$1,788.74
Gross SF
3,465
Investment Highlights
- The building features eight units, including two retail units, two two bedroom units, and four one bedroom units.
- The majority of the residential units have been updated and include new flooring and cabinets.
- The property has redevelopment potential with current C-2C zoning allowing redevelopment up to 3.0 FSR for all uses, and 3.5 FSR for residential rental.
Investment Overview
1828 Commercial Drive presents investors the opportunity to purchase a generationally owned and managed mixed-use asset, located along the desirable and trendy Commercial Drive.
Exclusively Listed By
