2,703 ft²Retail$3,600,000Sale
2,703 ft²
Retail
$3,600,000
Sale
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Owner-occupier or value-add opportunity. Strata unit tenanted by Varnish Nails & Beauty, situated within a mixed-used strata complex located at Drake Street and Pacific Boulevard in Vancouver’s Yaletown. Vacant Possession Possible: Well-positioned opportunity for owner-occupier given the location, exposure and accessibility, and the price per square foot ($1,560 / Sq. Ft.) relative to comparable CRUs in Vancouver. Below market rents; opportunity to acquire the Subject Property and raise rents to market upon lease expiry (or prior with vacant possession possible). Existing tenant has no further options to renew, providing flexibility in May 2028
The Space
Asking Price$3,600,000
Available Space2,703 ft²
Net Operating Income$85991
Property UseRetail
SourceDirect
The Building
Property TypeRetail
ZoningCD-1 (297)
Year Built1995
Up to $500K for British Columbia businesses
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