1268 PACIFIC BOULEVARD Active

Vancouver,BC V6Z 2V1

$ 3600000

- Bed

- Bath

2307 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,307 sqft

Price per Sqft $1,560

Subdivision Yaletown

MLS Listing ID C8062731

Year Built 1995

Annual Tax Amount $17,354

Tax Year 2024

Property Description

Owner-occupier or value-add opportunity. Strata unit tenanted by Varnish Nails & Beauty, situated within a mixed-used strata complex located at Drake Street and Pacific Boulevard in Vancouver’s Yaletown. Vacant Possession Possible: Well-positioned opportunity for owner-occupier given the location, exposure and accessibility, and the price per square foot ($1,560 / Sq. Ft.) relative to comparable CRUs in Vancouver. Below market rents; opportunity to acquire the Subject Property and raise rents to market upon lease expiry (or prior with vacant possession possible). Existing tenant has no further options to renew, providing flexibility in May 2028.

Location

Province BC

Community Yaletown

Area Vancouver West

Zoning British Columbia Default Zone

Region Greater Vancouver

City Region Greater Vancouver

Building

Dwelling Type Retail

Story 2

Structure Type Concrete

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