$2,300,000

1867 Marine Drive, West Vancouver, BC V7V 1J8

MLS® C8083254 · New

Description

MARINE DRIVE INVESTMENT OPPORTUNITY! Extremely rare opportunity to acquire a 1,233* sq.ft. ground floor updated strata retail unit on Marine Drive in the heart of the Ambleside Business District. This property is located within a quaint mixed residential/retail development on the sunny north side of Marine Drive completed circa 1993. This unit is occupied by an established tenant until March 31, 2031 with no further renewal option. Lots of options available as the owner can then occupy or continue to lease out for optimum rental income. This unit is centrally located on a public transit route just 2 blocks north of the Ambleside Seawall next to restaurants, Fresh Street Market, Starbucks Coffee and Bank of Montreal. PLEASE DO NOT DISTURB TENANT. CALL THE LISTING AGENT FOR VIEWING APPOINTMENT. * Square footage confirmed via Measure Masters.

Property

Property type

Commercial Sale

Style

Retail

Structure

Condo Strata Complex, Low Rise (2-4 storeys), Mixed Use

Ownership

Strata

Systems

Heating

Mixed, HVAC System

Cooling

Mixed, Air Conditioning, HVAC System

Security

Security System

Lot and parking

Parking spaces

3

Strata and restrictions

Strata fee

$930 per month

Costs

Annual property tax

$19,429

Tax year

2,026

Location

Area

West Vancouver

Neighbourhood

Ambleside

Waterfront

No