Property by us at 1820 MARINE DR in West Vancouver.
Wow! Free-Standing Commercial property available in prime Ambleside neighbourhood in West Vancouver. Total building area of over 6,065sf, 7 commercial units (one vacant), 13 parking stalls and approx. 8,619 sf lot (70' X 122'). Current NOI approx. $127,000 per annum (potentially $165,000 when fully leased). AC-1 (Ambleside Centre Zone 1) Zoning permits a wide varieties of retail/commercial related uses and density of maximum FAR of 1.75. This is an excellent income/holding investment with great future redevelopment potentials.
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