101 Riverside Drive

$4,000,000
Rare Owner-User Opportunity with In-Place Income
2,590 SF Available for Occupancy in One of the North Shore’s Most Sought-after Employment Hubs

49.3034545, -123.0210168

Main Intersection
Riverside Drive & Spicer Road
Location
Metro Vancouver, North Vancouver
Address

101 Riverside Drive
North Vancouver BC V7H 1T6
Canada

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Building Information

Overall Building Size
6,842 SF
Zoning
EZLI - Employment Zone/Light Industrial
Lot Area
8,740 SF
Property Highlights
  • Heavy power supply
  • Recently renovated interior with modernized building systems
  • High ceiling heights throughout building
  • Energy-efficient windows and skylights
  • Garage level loading with ample on-site parking
Details

Lennard Commercial Realty is pleased to present 101 Riverside Drive, North Vancouver - a premier industrial opportunity in one of the North Shore’s most sought-after employment hubs, offering rare flexibility for both investors and owner-users. The property pairs a strong tenant profile and stable in-place cash flow with a location investors compete for: direct access to major transportation routes via the Ironworkers Memorial Bridge and Highway 1. With approximately 2,590 SF of vacant space available for occupancy, an owner-occupier can establish operations on-site from day one, while the existing tenant provides stable in-place income—a built-in mortgage helper offsetting carrying costs, with potential expansion space down the road. Flexible zoning supports a broad range of industrial and commercial uses, and the site’s fundamentals point to meaningful long-term redevelopment upside, making this property a rare chance to secure a foothold in North Vancouver’s thriving, supply-constrained industrial market.

Suite Information

105
Square Footage
2,590 SF
Suite Description

Net Operating Income

$106,300

Asking Price

$4,000,000