604.362.2432

1075 Marine Drive, Norgate, North Vancouver

$5,400,000

New Listing

Photo 1 at 1075 Marine Drive, Norgate, North VancouverPhoto 2 at 1075 Marine Drive, Norgate, North VancouverPhoto 3 at 1075 Marine Drive, Norgate, North VancouverPhoto 4 at 1075 Marine Drive, Norgate, North VancouverPhoto 5 at 1075 Marine Drive, Norgate, North Vancouver

Features

 
MLS®:C8082109
Type:Retail
Lot Size:8,276 sqft
Taxes:$51284.64
 
Parking:27 total
Year Built:1983
 

About this Property

 

"About this Retail in Norgate, North Vancouver"

 

Rare opportunity to acquire a 7,450 SF commercial property in the heart of North Vancouver's highly sought-after Marine Drive corridor. Situated on an 8,103 SF lot with 65 feet of frontage and exposure to over 35,000 vehicles per day, the property benefits from exceptional visibility and access. The existing multi-tenant configuration provides holding income while immediate occupancy is available and additional space may become available through upcoming lease expiries, creating an ideal opportunity for owner-users, investors, or future repositioning. Located minutes from Capilano Mall, Park Royal and Lions Gate Bridge, the property is surrounded by one of the North Shore's most established retail and commercial nodes. The Commercial Residential Mixed-Use Level 1 OCP designation permits up to approximately 1.75 FSR, providing attractive long-term redevelopment potential. Data room available upon execution of CA.

Listed by Marcus & Millichap.

 
 

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

 

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