14881 Marine Drive White Rock, British Columbia V4B 1C2
$3,800,000
Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value. (id:65196)
Property Details
| MLS® Number | C8079456 |
| Property Type | Retail |
| Neigbourhood | West Beach |
Building
Land
| Acreage | No |
https://www.realtor.ca/real-estate/29876826/14881-marine-drive-white-rock
Contact Us
Contact us for more information
Stanley Chiu
Personal Real Estate Corporation
www.gammoninternational.com/
#500 - 1501 West Broadway
Vancouver, British Columbia V6J 4Z6
(604) 736-6768
(604) 736-6761
gammoncorp.com/
Howard Mak
Personal Real Estate Corporation
www.gammoninternational.com/
#500 - 1501 West Broadway
Vancouver, British Columbia V6J 4Z6
(604) 736-6768
(604) 736-6761
gammoncorp.com/
Jason Fan
The Key Agents
www.thekeyagents.com/
#230 - 3700 North Fraser Way
Burnaby, British Columbia V5J 5H4
(604) 848-8988
(604) 727-9968
www.grandcentralrealty.com










