3589-3599 Commercial Street
$3,890,000
Renovated mixed-use building located on the corner of Commercial Street and E 20th Avenue
Lennard Commercial Realty is pleased to offer for sale on an exclusive basis, a high quality mixed-use building located at 3589-3599 Commercial Street in the coveted Cedar Cottage Neighbourhood. The property consists of two levels with four ground floor commercial spaces and four residential units above, totalling approximately 6,000 SF of leasable area.
49.2526464, -123.0682378
Main Intersection
Commercial Street and Stainsbury Avenue
Location
Metro Vancouver
Address
3589-3599 Commercial Street
Vancouver BC V5N 4E9
Canada
Listing Agents
Broker Flyer
Land Information
Total Size
4,158 SF
Zoning
MC-1
Frontage
66 FT
Depth
63 FT
PID
028-121-856
Legal Description
LOT 2, PLAN BCP43287, DISTRICT LOT 751, GROUP 1, NEW WESTMINSTER LAND DISTRICT
Building Information
Overall Building Size
6,000 SF
Property Highlights
- Fully leased, 5%+ cap rate in Vancouver
- 2 Commercial tenants (Occupying 2 units each), 4 Residential tenants (750 SF each)
- Completely renovated in 2012 to a very high level
- Residential units pay their own heat and hot water and have in-suite washer/dryer
- Walking distance to Trout Lake Community Centre, John Hendry Park (Trout Lake), Lord Selkirk Elementary and Gladstone Secondary School
- Trendy location with eclectic shops and notable restaurants along Commercial Street
- Corner lot with heritage aesthetic and curb appeal
Additional Information
Total Taxes
$29,246.10