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6960-6964 Victoria Dr

5,710 SF 100% Leased Retail Building Vancouver, BC V5P 3Y8 $2,328,174 USD ($408 USD/SF) 4.61% Cap Rate

Mixed Use Properties British Columbia Vancouver 6960-6964 Victoria Dr, Vancouver, BC V5P 3Y8

Executive Summary

Macdonald Commercial is proud to offer 6964 Victoria Drive, Vancouver, for sale. The property features a 2-storey mixed-use building, originally built in 1968, that has undergone major renovations in recent years. Key enhancements include a new roof installed in 2019, high-efficiency 5-ton HVAC units, and extensive medical-grade interior improvements. The building comprises a 3,010 square foot tenanted main-level retail space and two 2-bedroom residential units on the second floor.The retail space is tenanted by Dentalcorp Health Services, a leading network of dental practices in Canada, which also utilizes one of the residential units for office purposes.The retail space is tenanted by Dentalcorp Health Services, a leading network of dental practices in Canada, which also utilizes one of the residential units for office purposes. The second residential unit is vacant, offering flexibility for leasing to generate additional revenue or for personal use

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,710 SF
Building Class
C
Year Built
1968
Price
$2,328,174 USD
Price Per SF
$408 USD
Cap Rate
4.61%
NOI
$107,237 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
C-2 - Commercial
Parking
4 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
32 FT on victoria Dr

Amenities

  • Bus Line
  • Signalized Intersection
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Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
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measures access to public transit. Bike Score®
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Learn How It Works Detailed Scores
(604) 647-1340

  • Listing ID: 32274304

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 6960-6964 Victoria Dr, Vancouver, BC V5P 3Y8

The Retail Property at 6960-6964 Victoria Dr, Vancouver, BC V5P 3Y8 is currently available For Sale. Contact Avison Young Commercial Real Estate for more information.

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6960-6964 Victoria Dr
(604) 647-1340 x

6960-6964 Victoria Dr

Jake Luft

(604) 647-1340

(604) 647-1340

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