$3,600,000
1268 PACIFIC BOULEVARD Vancouver, BC V6Z 2V1
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$3,600,000
Est. payment /mo
2,307 SqFt
Active
1268 PACIFIC BOULEVARD Vancouver, BC V6Z 2V1
UPDATED:
09/11/2024 06:10 PM
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
Listed by Marcus & Millichap
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