4,290 ft²Retail / Medical / Multifamily$4,100,000Sale
4,290 ft²
Retail / Medical / Multifamily
$4,100,000
Sale
Embrace the epitome of urban investment in the heart of North Vancouvers Norgate community. Meticulously renovated from the studs out; this fully vacant mixed-use property boasts three modern residential units and two perfect sized retail spaces facing the busy Marine Drive.
The Space
Asking Price$4,100,000
Available Space4,290 ft²
Property UseInvestment property / Mixed use / Vacant or owner user
SourceDirect
The Building
Each residential unit exudes contemporary elegance, offering spacious layouts and premium finishes to cater to the discerning urban renter. The retail spaces are primed for occupancy, complete with storage, HVAC and a built out washroom. Centrally located, this building enjoys unparalleled access to transportation, amenities, and a diverse array of dining and entertainment options. Benefit from North Vancouver’s robust market fundamentals, including low vacancy rates, a burgeoning population, and upward pressure on rents strategically situated to capitalize on the city’s thriving economy and dynamic community.
Property TypeRetail / Medical / Multifamily
Floors2
Building Size4,290 ft²
Lot Size2,953 ft²
Taxes$28,093/yr
ZoningC9
Cap Rate4.36%
Retail Portion1,942 ft²
Year Renovated2023
Bike Friendly
Bus Line
Improved
Up to $500K for British Columbia businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
