1622 Commercial Drive & 1725 E 1st Avenue

Vancouver, BC

$2,200,000

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1622 Commercial Drive & 1725 E 1st Avenue

Price$2,200,000

Overview

Offered for sale as a package, the subject properties include a single storey wood frame building of approx. 3200 sq. ft. fully leased to Wazubee Restaurant (1622 Commercial Drive) and a 4-Plex revenue property (1725 East 1st Ave). Located in the heart of the trendy and vibrant Commercial Drive District.

Location

The subject properties are located just off the north-east corner of Commercial Drive & East 1st Avenue. They are strategically situated in the heart of the trendy and vibrant Commercial Drive district better known as “Little Italy”. The Il Mercado Shopping Centre is immediately across the street from 1622 Commercial Drive. Neighboring uses within a one block radius include; Starbucks Coffee, Royal Bank and Super Value. “The Drive” has a distinct European flavour that you can’t find anywhere else in the city. Sidewalk cafes, small boutiques, bakery and pastry shops, all mingle with the regular types of businesses such as banks, grocery stores, and hardware stores. The area is well serviced by public transit with both bus and Skytrain station nearby. With an increasing population base in the neighborhood, the area will continue to grow as a vibrant and desirable district.

Executive Summary

For a complete information package including rent roll, income & expense statements and site plan, please download the PDF file above.

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Financing	Clear Title

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