Retail for sale
2879 Commercial Drive, Grandview Woodland, Vancouver
$1,298,000
Features
Year Built
2011
Floor Area
1,014 sqft
Gross Property Tax
$10,191.10 /year
Building Type
Mixed Use
Zoning
C-2C1
Description
Fully revitalized strata retail unit with a delightful boutique bakery tenant, generating steady income from a recently signed lease. Boasting a 4.3% CAP rate at the asking price, this property offers a smart investment opportunity aligned with the vision and vibrancy of the neighborhood. Located in a neighborhood rich in culture and history, The Drive is known for its eclectic mix of shops, renowned restaurants like The Burrow and Lunch Lady, and popular events such as Italian Day on the Drive. With excellent visibility, a strategic location near a new mixed-use development, and easy access—just a 6-minute walk to the Commercial-Broadway SkyTrain station, this property promises long-term growth in one of Vancouver’s most dynamic communities.
MLS® Number C8065281