6% CAP RATE!! GREAT INVESTMENT PROPERTY FOR SALE IN PRIME LOCATION OF NORTH VANCOUVER! Hamzehali & Associates is pleased to present 1613 Capilano Rd in North Van (Park West at Lions Gate Village). Property is leased to a Daycare business generating $153,750 net yearly inccome that scales up every year with 10 years lease term!! . This AAA commercial retail propert is strategically situated at the Lions Gate Bridge entrance and on the boundary of cities of North Vancouver & West Vancouver. Built by reputable Keltic Canada, this new mixed-use development consisting of 258 condominium units with 13 retail strata units is directly accessible from the intersection of Marine Dr and Capilano Rd. The space consists of almost 1,337 SF space, access to grade loading, high ceilings of almost 18 feet. 158 underground parking are designated to serve the commercial businesses and residential visitors on a first come first serve basis. Amazing opportunity to invest you money in commercial real estate.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.