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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.

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

Mixed-Use

1828 Commercial Drive

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

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