5829-5837 Victoria Drive, Vancouver, British Columbia V5P 3W5

Sutton Group West Coast Realty is pleased to present the rare opportunity to acquire a prime freestanding commercial building on the highly desirable Victoria Drive. This vibrant street in the heart of Vancouver blends modern and heritage shops and restaurants bringing the community together with its diverse culture. The extra wide 7,260 sq ft (Approx. 66x110) lot is improved with two retail spaces currently occupied by stable, long-time tenants providing good holding income with significant upside rents in the near future. Income potential of over $230,000. C2 district schedule with current FSR of 2.5 (18,150sq ft) allows for exceptional assembly and redevelopment potential. Don't let this gem go! **Please kindly DO NOT disturb tenants; Contact Listing Realtor first for further details and information.** (id:27476)

Sutton Group West Coast Realty is excited to offer a unique chance to purchase a valuable standalone commercial building on the highly sought-after Victoria Drive. This bustling street in Vancouver is a mix of modern and historic shops and eateries, creating a vibrant community that celebrates its diverse culture.

The spacious 7,260 sq ft (Approx. 66x110) lot is home to two retail spaces currently leased by long-term, reliable tenants, providing a steady stream of rental income with the potential for significant increases in the near future. The property has an income potential of over $230,000 and is zoned as C2 district with a current FSR of 2.5 (18,150sq ft), allowing for exceptional opportunities for assembly and redevelopment.

This is a rare find that should not be missed! **Please refrain from disturbing the tenants; Contact the Listing Realtor for more details and information before visiting the property.** (id:27476).

This property is currently on the market for sale and boasts a land size of 7287 sqft. It is situated on 5829-5837 VICTORIA DRIVE in the city of Vancouver, British Columbia with the postal code V5P3W5.