Retail for sale
1406 Pemberton Avenue, Norgate, North Vancouver
$5,499,000
Features
Year Built
1957
Floor Area
4,055 sqft
Lot Size
5,700 sqft
Gross Property Tax
$26,871.35 /year
Building Type
Street-Level Storefront
Building / Complex Name
Marble
Zoning
EZ-LI
Subject Property Width
50 ft
Subject Property Depth
120 ft
Amenities
Air Conditioning, Alarm System, Boardroom, Emergency Lighting, HVAC System, Secured Parking, Visitor Parking, Washrooms Female/Male
Description
Exceptional opportunity to acquire a fully renovated, FREESTANDING COMMERCIAL BUILDING on a high visibility corner in North Vancouver. This 5,700 SQFT lot features over 4,050 SQFT of beautifully improved and renovated building with a modern design and architecture, full kitchen, multiple private offices, a one of a kind meeting room, and top tier finishes throughout. Includes 3 covered parking stalls and 4 additional outdoor parking stalls. Zoned EZ-LI, the property offers excellent flexibility for a range of commercial uses and strong future redevelopment potential. Currently leased and generating approximately 5% net return, making it an ideal investment or owner user opportunity. This is a rare offering! There is no other freestanding office/retail/light industrial space on the North Shore with this level of visibility, curb appeal, and build quality. A true trophy property in a growing and desirable area with great potential.
MLS® Number C8070046