$3,399,000
14881 MARINE Drive, White Rock V4B1C2
Detached
Listed by: Gammon Property Advisors Corporation.
Data provided by CREA's Data Distribution Facility.
Data provided by CREA's Data Distribution Facility.
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Description
Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value. (id:66934)
Location
Approximate location supplied by the listing data provider.
Features
Annual Taxes: $46,861
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Retail |
| Listing ID | C8079456 |
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