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$ 3,188,000
Est. payment | /mo
$ 3,188,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8070413
Year Built 2023
Property Sub-Type Retail
Property Description
GREAT INVESTMENT PROPERTY FOR SALE IN PRIME LOCATION OF NORTH VANCOUVER! Hamzehali & Associates is pleased to present 1613 Capilano Rd in North Van (Park West at Lions Gate Village). Property is leased to a Daycare business generating $150,000 net yearly inccome that scales up every year having an almost 5% cap rate & 10 years lease term!! . This AAA commercial retail propert is strategically situated at the Lions Gate Bridge entrance and on the boundary of cities of North Vancouver & West Vancouver. Built by reputable Keltic Canada, this new mixed-use development consisting of 258 condominium units with 13 retail strata units is directly accessible from the intersection of Marine Dr and Capilano Rd. The space consists of almost 1,337 SF space, access to grade loading, high ceilings of almost 18 feet. 158 underground parking are designated to serve the commercial businesses and residential visitors on a first come first serve basis. Amazing opportunity to invest you money in commercial real estate.
Location
Province BC
Community Pemberton Nv
Area North Vancouver
Zoning CD 81
Interior
Heating Varies by Unit, HVAC System
Cooling Varies by Unit, HVAC System
Exterior
Utilities Available Electricity Connected
Roof Type Torch On
Building
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water Public
Others
Ownership Strata
Security Features Secured Garage/Parking
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