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1613 CAPILANO Road, North Vancouver, BC V7P0E5
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$3,188,000
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Home Details for 1613 CAPILANO Road
Price
$3,188,000
Type
Commercial/Industrial
Year Build
2023
Hoa
$1,095.11
Listing #
C8070413
On exitrealty.com
138 days
Property Description
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 $150,000 net yearly inccome that scales up every year having an almost 5% cap rate & 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. (id:31684)
Listing Courtesy: Royal LePage Sussex
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