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1408 Commercial Drive
Grandview Woodland Vancouver V5L 3Y3

$3,498,000
Retail

View of property
Photo 1: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
Photo 2: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
Photo 3: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
Photo 4: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
Photo 5: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
Photo 6: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8068500
Bus Major:
Retail
Build. Type:
Low Rise (2-4 storeys)
RARE FIND - right in the heart of the vibrant Commercial Drive! Stand alone building - very well managed. Comprising of two units (1408 and 1414 Commercial drive) 1,050 Sq Ft each on one level approximately (street level 2,100 sq ft on 33' x 132' lot with triple net leases and two very good tenants. The property is zoned C-2-C allowing for a variety of uses. Great holding property/investment and with valuable redevelopment potential. Please inquire for additional information.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Business Type:
Retail
Construction:
Concrete Block
Num Storeys:
1
Building Type:
Low Rise (2-4 storeys), Mixed Use, Strip Mall
# Bldgs:
1
Living Area:
2,100 sq. ft.
Subject Property Depth:
132'
Subject Property Width:
33'
Lot Area:
4,356 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Varies by Unit, Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Street Lighting
Sewer:
Public Sewer
Parcel Number:
015157920
Taxes:
$36,426 / 2024
No
Security System
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
    View of property
  • Photo 2: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
    Exterior space
  • Photo 3: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
    View of building exterior
  • Photo 4: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
    View of property
  • Photo 5: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
    View of property
  • Photo 6: 1408 Commercial Drive in Vancouver: Grandview Woodland Retail for sale (Vancouver East)  : MLS®# C8068500
    View of building exterior
Listed by RE/MAX Masters Realty
Data was last updated July 4, 2025 at 12:40 PM (UTC)
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