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14881 Marine Drive, White Rock, British Columbia

$3,399,000

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About 14881 Marine Drive

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:6289)

Retail property for sale in White Rock, British Columbia at 14881 Marine Drive.

Features of 14881 Marine Drive

Listing # C8079456
Price $3,399,000
Bathrooms 0.00
Type Retail

Community Information

Address 14881 Marine Drive
City White Rock
Province British Columbia
Postal Code V4B1C2

Amenities of 14881 Marine Drive

Is Waterfront No
Has Pool No

Interior of 14881 Marine Drive

Fireplace No
Has Basement No

Listing Details

OfficeGammon Property Advisors Corporation

Listing Map

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