- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- C8080613
- Build. Type:
- Street-Level Storefront
- Photos (2)
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Excellent income-producing investment with an approximate 5.08% cap rate and long-term stable rental income. Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established long-term tenant with a renewal option, providing secure and reliable cash flow. Includes 1 secured underground parking stall. Major capital improvements include building-wide plumbing replacement (2022) and a new HVAC system (2023), minimizing future maintenance concerns. A turnkey investment opportunity in one of Vancouver's most sought-after retail locations.
- Sale Type:
- Asset
- Ownership:
- Strata
- Property Type:
- Retail
- Commercial Type:
- Retail
- Construction:
- Frame Wood
- Building Type:
- Street-Level Storefront
- Home Owners Association:
- Yes
- Year built:
- 1997 (Age: 29)
- Living Area:
- 680 sq. ft.
- Retail Size:
- 680 sq. ft.
- Lot Area:
- 0 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- Yes
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Fully Serviced, Phone Connected
- Sewer:
- Public Sewer, Storm Sewer
- Parcel Number:
- 023931663
- Taxes:
- $9,408.12 / 2025
- Dock Loading, Storefront
- No
- # Docks:
- 1
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
-
Photo 1 of 2 -
Photo 2 of 2
Listed by Panda Luxury Homes
Data was last updated July 28, 2026 at 07:40 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Commercial | Residential | Business
Location
390 - 9940 Lougheed Highway
Burnaby, BC, V3J 1N3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.