Riverside Drive, North Vancouver, BC - Macdonald Commercial
FOR SALE Macdonald Commercial is pleased to be chosen to market a rare opportunity to acquire a commercial investment property in the industrial area of Dollarton. For further information contact:
Mark Hagedorn*
*Personal Real Estate Corporation
604.714.5524 [email protected]
Macdonald Commercial Real Estate Services Ltd. 1827 West 5th Ave, Vancouver, BC V6J 1P5 T 604.736.5611 | F 604.736.7976 | www.macdonaldcommercial.com
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
101 - 103 Riverside Drive, North Vancouver, BC
101 - 103
RIVERSIDE DRIVE, NORTH VANCOUVER, B.C.
Property Details Legal Address 101 – 103 Riverside Drive, North Vancouver, BC
PID
The Opportunity Macdonald Commercial has been chosen to present this rare and exciting investment opportunity to acquire an Owner/Occupied commercial property at the North West corner of Riverside Drive and Spicer Road with built-in revenue.
Legal Description
The property consists of two tenants with the opportunity to occupy 3,590 square feet of high ceiling warehouse space with no structural columns with rear grade loading with the option to install an overhead rolling door at the front of the Building.
Lot B, Block 6, District Lot 193, VAP2850, LD 36
The Property
Site Size
•
+/- 8,770 sq.ft.
• • •
013-385-585
Parking 6 front surface stalls 6 rear surface stalls with grade level loading
Convenient location just east of the Iron Workers Memorial Bridge and Upper Levels Highway; 12 minutes to Downtown Vancouver; Concrete Block construction; Care-free investment with monthly revenue-stream (5 year lease in-place)
Zoning EZLI (Employment Zone-Light Industrial)
2016 Property Taxes $22,321.09
Total Rentable Area Currently Vacant: 3,590 sq.ft. Currently Occupied: 3,192 sq.ft. Total: 6,782 sq.ft.
Projected Net Income $107,532.00 (2017)
Sale Price $ 3,288,888.00
For further information contact:
Mark Hagedorn* *Personal Real Estate Corporation
604.714.5524 [email protected]
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
Dr Rive rsid e 111’
38’
108 ’
8,770
d. Spicer R
sid River
d. Spicer R
e Dr
150’
RIVERSIDE DRIVE, NORTH VANCOUVER, B.C.
101 - 103
Burnaby
n Tra s-C ana da Hw y
Riv Dr
ve st A
ide
her
ers
Am
Subject Property
Spic
d er R Main
art Doll
St
wy on H
F ro
t nt S
For further information contact:
Mark Hagedorn* *Personal Real Estate Corporation
604.714.5524 [email protected]
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
Mark Hagedorn*
*Personal Real Estate Corporation
604.714.5524 [email protected]
Macdonald Commercial Real Estate Services Ltd. 1827 West 5th Ave, Vancouver, BC V6J 1P5 T 604.736.5611 | F 604.736.7976 | www.macdonaldcommercial.com
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
101 - 103 Riverside Drive, North Vancouver, BC
101 - 103
RIVERSIDE DRIVE, NORTH VANCOUVER, B.C.
Property Details Legal Address 101 – 103 Riverside Drive, North Vancouver, BC
PID
The Opportunity Macdonald Commercial has been chosen to present this rare and exciting investment opportunity to acquire an Owner/Occupied commercial property at the North West corner of Riverside Drive and Spicer Road with built-in revenue.
Legal Description
The property consists of two tenants with the opportunity to occupy 3,590 square feet of high ceiling warehouse space with no structural columns with rear grade loading with the option to install an overhead rolling door at the front of the Building.
Lot B, Block 6, District Lot 193, VAP2850, LD 36
The Property
Site Size
•
+/- 8,770 sq.ft.
• • •
013-385-585
Parking 6 front surface stalls 6 rear surface stalls with grade level loading
Convenient location just east of the Iron Workers Memorial Bridge and Upper Levels Highway; 12 minutes to Downtown Vancouver; Concrete Block construction; Care-free investment with monthly revenue-stream (5 year lease in-place)
Zoning EZLI (Employment Zone-Light Industrial)
2016 Property Taxes $22,321.09
Total Rentable Area Currently Vacant: 3,590 sq.ft. Currently Occupied: 3,192 sq.ft. Total: 6,782 sq.ft.
Projected Net Income $107,532.00 (2017)
Sale Price $ 3,288,888.00
For further information contact:
Mark Hagedorn* *Personal Real Estate Corporation
604.714.5524 [email protected]
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
Dr Rive rsid e 111’
38’
108 ’
8,770
d. Spicer R
sid River
d. Spicer R
e Dr
150’
RIVERSIDE DRIVE, NORTH VANCOUVER, B.C.
101 - 103
Burnaby
n Tra s-C ana da Hw y
Riv Dr
ve st A
ide
her
ers
Am
Subject Property
Spic
d er R Main
art Doll
St
wy on H
F ro
t nt S
For further information contact:
Mark Hagedorn* *Personal Real Estate Corporation
604.714.5524 [email protected]
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
