The Largest Number of Homes for Sale
Multi-family for sale
115 E 1st Street, Lower Lonsdale, North Vancouver
$11,600,000
$11,600,000
Multi-family for sale
115 E 1st Street, Lower Lonsdale, North Vancouver
Features
Floor Area
19,607 sqft
Lot Size
5,898 sqft
Gross Property Tax
$77,924.17 /year
Building Type
Low Rise (2-4 storeys), Commercial Mix
Zoning
MF
Subject Property Width
49 ft
Subject Property Depth
120 ft
Suite Mix Information
16 x 1 ½, 2 x 2 ½, 4 x Other
Total no. of Units
22
Description
CBRE is pleased to present the rare opportunity to acquire a high-quality mixed-use investment property in the heart of Lower Lonsdale. The property consists of 18 residential suites and 4 retail units all currently occupied by high quality tenants. The building is located in the heart of Lower Lonsdale and benefits from retail frontage along East 1st Avenue and the vibrant Lolo Lane. The residential suite mix provides 16 one-bedroom and 2 two-bedroom suites, with the ability to improve the income significantly upon tenant turnover. Further, the property has been extensively renovated with significant and recent capital improvements including windows, plumbing, electrical, structural reinforcing and more.
MLS® Number C8067398