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Norgate Mixed Use Building

$ 3,820,000

1635 Marine Drive,
,

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Property Id : 30051
Price: $ 3,820,000
Property Lot Size: 0.07 ac
Year Built: 1950 | 2024
Units: 5
PID: 010-618-031
Assessed Value: $3,840,000
Zoning: C9
Cap Rate: 4.5
Roofing: Torch-On
Floors No: 2
Basement: Crawl Space For Add. Storage

About this property

Embrace the epitome of urban investment in the heart of North Vancouvers Norgate community. Meticulously renovated from the studs out; this fully vacant mixed-use property boasts three modern residential units and two perfect sized retail spaces facing the busy Marine Drive. Each residential unit exudes contemporary elegance, offering spacious layouts and premium finishes to cater to the discerning urban renter. The retail spaces are primed for occupancy, complete with storage, HVAC and a built out washroom. Centrally located, this building enjoys unparalleled access to transportation, amenities, and a diverse array of dining and entertainment options. Benefit from North Vancouver’s robust market fundamentals, including low vacancy rates, a burgeoning population, and upward pressure on rents strategically situated to capitalize on the city’s thriving economy and dynamic community.

Amenities and Features

Other Features
Central Location
Storage in Unit
Storage in Unit
W/D in Units

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Chris Hayne