Office for sale
106 W 1st Street, Lower Lonsdale, North Vancouver
$10,998,000
Features
Floor Area
24,619 sqft
Lot Size
5,940 sqft
Gross Property Tax
$72,858.88 /year
Zoning
LL-2
Description
A fully renovated office and retail building with approximately $2 million spent on improvements is being offered for sale at a 5.00% capitalization rate. Retail tenants include a popular vegan eatery and a local grocery store, plus unique laneway storefronts feature a dance studio and vintage clothing. Considerable upside remains upon turnover with longstanding tenants. Office tenants enjoy views of downtown Vancouver. Property held in a bare trust.
MLS® Number C8067637