14881 Marine Drive White Rock, British Columbia V4B 1C2

$3,800,000

Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value. (id:64865)

Property Details

MLS® Number C8079456
Property Type Retail

Building

Land

Acreage No

https://www.realtor.ca/real-estate/29876826/14881-marine-drive-white-rock

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