IDX / Reciprocity
3609, 3611 COMMERCIAL Street
Vancouver
V5N 4G1
$8,588,000
Industrial, Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Industrial, Multi-Family Commercial
- MLS® Num:
- C8058677
- Build. Type:
- Freestanding
- Photos (7)
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NAI Apartments is pleased to present the opportunity to acquire two separate neighbouring properties located on Commercial Street. 3603 Commercial was built in 1978 comprising of 10 residential rental suites with 6 two-bedroom suites, and 4 one-bedroom suites. There is a significant opportunity to grow rents on 8 out of 10 residential units and all retail tenancies. The ground floor consists of three retail units, with annual rent increases in place. Tenants are responsible for their utilities and share of property taxes. The roof was replaced in 2014, limiting any immediate capital expenditures. All residential units have new separate electric hot water tanks and electric baseboard heating paid by the tenants. Both floors have individual locker rooms and a washer and dryer, that are owned by the building. 3611 Commercial was built in 1968 and consists of a freestanding single-storey industrial building with a gross leasable area of 2,538 square feet on a 3,573 square foot lot.
- Sale Type:
- Asset
- Total space avail for lease:
- 0 sq. ft.
- Construction:
- Concrete Block, Wood Frame
- Building Type:
- Freestanding, Low Rise (2-4 stories), Commercial Mix
- Name of Complex/Subdivision:
- Signup
- # Other Units:
- Signup
- # of Appartments:
- 10
- # of 1 Bedroom Appartments:
- 4
- # of 2 Bedroom Appartments:
- 6
- # Storeys:
- 3.0
- Total Floor Area:
- 0 sq. ft.
- Minimum Divisible Area:
- 0 sq. ft.
- Lot Area:
- 10,710 sq. ft.
- Lot Depth:
- 119
- Lot Frontage:
- 90'
- Land Use/Zoning:
- MC-1
- Taxes:
- $0 / 0
- Balconies, Laundry Facility, Secured Building, Secured Parking
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Listed by NAI Commercial
Data was last updated May 20, 2024 at 03:10 PM (UTC)
- NAVA MANSHADI
- SUTTON GRP-WEST COAST RTY WVAN
- 1-604-926-6282
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.