Sold

Bellevue Centre

1507-17 Bellevue Street, West Vancouver

Commercial / Retail
9505 sq. ft.

SOLD $4,800,000

Overview

Ocean Views! Steps from the beach, Bellevue Centre is a prime commercial/retail property situated in West Vancouver’s prestigious Ambleside neighborhood. Features 5 tenants with a net rentable area of 9,505 sq. ft. & a triple net income of $238,700.

Summary

Price$5,200,000
Property TypeCommercial / Retail
Units5
Gross Leasable Area9,505 sq. ft.
Cap Rate4.6%
Year Built1979
Lot Size9970 sq. ft.
ZoningSite Specific (stores & offices)
PID007-273-771
Sale Price$4,800,000
Sale Date01/01/2005

Financials

FinancingClear Title
Assessment 2005
Land
Building
Total
Land$2,138,000
Building$1,429,000
Total$3,567,000
Taxes 2004
$68,804.03
2005 Triple Net Income
Net Operating Income
Net Operating Income238,700

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

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