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4902 Victoria Dr

3,800 SF 100% Leased Retail Building Vancouver, BC V5P 3T6 £1,560,660 (£411/SF) 4.29% Net Initial Yield

Investment Highlights

  • Highly accessible by transit with multiple bus routes nearby.

Executive Summary

Rare Opportunity to acquire a revenue property on the corner of Victoria Drive and East 33rd Ave, excellent exposure with spectacular views of the North Shore mountains, C2 zoned, total 4 Res rental units and 2 retail rental units, Highly accessible by transit with multiple bus routes nearby. Current Gross Rev: $145k/y, NOI: $120k/y

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
B
Year Built
1921
Price
£1,560,660
Price Per SF
£411
Net Initial Yield
4.29%
NOI
£66,885
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.60
Lot Size
0.05 AC
Zoning
C-2
Frontage
128 ft on Vistoria Dr

Amenities

  • Signage
  • Signalised Intersection
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

RBC Royal Bank
CIBC
Starbucks
TD Canada Trust
Pho Hoa
Scotiabank
Save-On-Foods
White Spot
Anytime Fitness
Club Pilates
  • Listing ID: 31024368

  • Date on Market: 22/02/2024

  • Last Updated:

  • Address: 4902 Victoria Dr, Vancouver, BC V5P 3T6

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