2,492 ft²Retail$4,900,000Sale
2,492 ft²
Retail
$4,900,000
Sale
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Opportunity to acquire 1550 Philip Avenue (the “Property”) located on Philip Avenue, just south of Marine Drive, in North Vancouver. The Property comprises 17,211 SF of land improved with a 2,492 SF single storey fully fixtured restaurant. Situated just steps to Marine Drive, a major thoroughfare in North Vancouver, the Property benefits from ease of access via transit or vehicle and is just a 15-minute drive to Downtown Vancouver. Current zoning permits a 1.75 FSR allowing for a development of approximately 30,115 SF of residential and commercial space. This offering is an exceptional opportunity to acquire a commercial asset with long term redevelopment potential located in a growing and highly sought after area of North Vancouver. Please do not disturb tenant or employees.
The Space
Asking Price$4,900,000
Available Space2,492 ft²
Property UseInvestment property
ZoningC-9
SourceDirect
The Building
Property TypeRetail
Building Size2,492 ft²
Lot Size17,211 ft²
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