5829-5837 VICTORIA DRIVE, Vancouver | $7,900,000

Sutton Group West Coast Realty is pleased to present the rare opportunity to acquire a prime freestanding commercial building on the highly desirable Victoria Drive. This vibrant street in the heart of Vancouver blends modern and heritage shops and restaurants bringing the community together with its diverse culture. The extra wide 7,260 sq ft (Approx. 66x110) lot is improved with two retail spaces currently occupied by stable, long-time tenants providing good holding income with significant upside rents in the near future. Income potential of over $230,000. C2 district schedule with current FSR of 2.5 (18,150sq ft) allows for exceptional assembly and redevelopment potential. Don't let this gem go! **Please kindly DO NOT disturb tenants; Contact Listing Realtor first for further details and information.**

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Description

Sutton Group West Coast Realty is pleased to present the rare opportunity to acquire a prime freestanding commercial building on the highly desirable Victoria Drive. This vibrant street in the heart of Vancouver blends modern and heritage shops and restaurants bringing the community together with its diverse culture. The extra wide 7,260 sq ft (Approx. 66x110) lot is improved with two retail spaces currently occupied by stable, long-time tenants providing good holding income with significant upside rents in the near future. Income potential of over $230,000. C2 district schedule with current FSR of 2.5 (18,150sq ft) allows for exceptional assembly and redevelopment potential. Don't let this gem go! **Please kindly DO NOT disturb tenants; Contact Listing Realtor first for further details and information.**

General Info

MLS Listing ID: C8054915 Bedrooms: 0 Bathrooms: 0 Year Built: 1951
Parking: N/A Heating: N/A Lotsize: 7287 sqft Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .