White Rock, South Surrey White Rock
14881 Marine Drive
Offered at $3,399,000
About this Retail in White Rock, South Surrey White Rock
Type: Retail
Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value.
Listed by Gammon Property Advisors Corporation.
Listed by Gammon Property Advisors Corporation.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Malcolm Hasman for your convenience.
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.
More Details About This Retail in South Surrey White Rock
- MLS®C8079456
- TypeRetail
- ZoningCR-3
- Sub TypeRetail
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