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110 700 Marine Drive North Vancouver, British Columbia V7M 1H3

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5121 sqft
Acreage

$3,999,000

Unique opportunity for investors or owner operators alike to purchase a 5,121 sf ground floor Retail Strata Property with an extraordinary 120 ft wide street frontage, an open lay out, high ceiling heights, interior office and storage, private washroom, 3 dedicated underground parking stalls with 21 commercial customer parking and loading access at rear. This magnificent high traffic retail property is ideally located on the NW corner of Marine Dr, Bewicke and W Keith, one of North Vancouver's busiest intersections providing any user with spectacular triple exposure. Buyers can take advantage of Seller lease-back option up to 1.5 yrs generating $180,000/yr Net, and perform the following immediately or after lease-back period: Occupy entire unit; Occupy some portion & lease out remaining in multiple units. (E.g. Occupy 2,500sf, lease out 2 units of 1,300sf & generate ~$92,000Net Income/Yr); Lease out the whole premise in multiple units (E.g. 2 units of 2,550 & generate ~$180,000 Net Income/Yr) (id:15739)

Property Details

MLS® Number C8016550
Property Type Retail

Building

Constructed Date 2015
Fireplace Present No
Size Interior 5121 Sqft

Land

Acreage Yes
Size Irregular 5121
Size Total 5121.0000
Size Total Text 5121.0000
Zoning Description Cd-583

http://www.icx.ca/PropertyDetails.aspx?PropertyId=18990265