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1002 Lynham Rd

2,758 - 3,347 SF Office Units Offered at £731,406 - £759,006 Per Unit in Whistler, BC V8E 0K4

Investment Highlights

  • Two sepaerate office spaces - 1 with lease
  • Live/Work unit!
  • 'Caretaker' suite conversion available!

Property Facts

Price £731,406 - £759,006
Unit Size 2,758 - 3,347 SF
No. Units 2
Total Building Size 15,023 SF
Property Type
Office
  • Office Office Residential
  • Office Office Live Work Unit
Building Class B
Number of Floors 2
Typical Floor Size 7,511 SF
Year Built 2001
Lot Size 1.39 AC
Parking Ratio 1.66/1,000 SF

2 Units Available

Unit 202

Unit Size 3,347 SF
Price £731,406
Price Per SF £218.53
Unit Use Office
Sale Type Investment or Owner User
Net Initial Yield 5.68%
NOI £41,543.87
No. Parking Spaces 8
Description

Phoenix Commercial Realty is proud to present this unique opportunity in the thriving business hub of Function Junction in Whistler, BC.
The property, which has an internal total of some 3,100 sq ft, is laid out in 2 distinct portions, both of which can be leased separately in this sought after commercially focused, but now thriving part of Whistler.

Sale Notes

However, the flexible zoning of IL3 allows a residential dwelling unit or “caretaker’s suite” of up to 75 sqm or 807 sq ft,which effectively allows the property to be used as a completely self-contained live/work unit on the North side and keep the South side as an income producing office to service any debt.
With a minimal amount of internal work this could be the Whistler apartment and income property you have been seeking.

Unit 201

Unit Size 2,758 SF
Price £759,006
Price Per SF £275.20
Unit Use Office
Sale Type Investment
Net Initial Yield 4.61%
NOI £34,990.19
No. Parking Spaces 6
Description

Second Floor open plan office with 3 private offices as well. With a commercial tenant on a NNN lease already in possession in this exceptional space which has its own secure entry from outside, a large boardroom, three good sized offices in addition to the open plan area, a beautiful full kitchen/staff room, comfort lounge area as well as a full bathroom with shower and access to a private patio at rear which gives views of the amazing mountains that make this stunning area so popular.

Sale Notes

Phoenix Commercial Realty is proud to present this unique opportunity in the thriving business hub of Function Junction in Whistler, BC.
The property, which has an internal total of 2,758 sq ft, is laid out in a semi open plan layout, and has now been leased with a great lease rate in this sought after commercially focused, and thriving part of Whistler.
The lease being full NNNallows a new owner the opportunity to own a piece of this unique tourist orientedtown with a hands-off investment in an area in high demand, thus giving solid equity appreciation, whilst driving cash flow.

zoning

Zoning Code IL3
IL3
  • Listing ID: 32172459

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: 1002 Lynham Rd, Whistler, BC V8E 0K4

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