- Status:
- Active
- Prop. Type:
- Office, Retail
- MLS® Num:
- C8079456
- Photos (9)
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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.
- Sale Type:
- Asset
- Sublease:
- Yes
- Ownership:
- Strata
- Property Type:
- Office, Retail
- Commercial Type:
- Retail
- Name of Complex/Subdivision:
- Driftwood Arms
- Num Storeys:
- 1
- # Bldgs:
- 1
- Home Owners Association:
- Yes
- Year built:
- 1972 (Age: 54)
- Living Area:
- 6,727 sq. ft.
- Subject Space Width:
- 584'
- Contiguous Spc:
- 6,727 sq. ft.
- Retail Size:
- 584 sq. ft.
- Minimum Divisible Area:
- 584 sq. ft.
- Lot Area:
- 0 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- Yes
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- No
- Sewer:
- Public Sewer
- Parcel Number:
- 001155873
- Taxes:
- $46,860.7 / 2025
- No
- # Elevators:
- 0
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
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Listed by Gammon Property Advisors Corporation
Data was last updated September 2, 2026 at 04:35 PM (UTC)
- Rod Friesen & Associates
- Century 21 Creekside Realty LTD
- 604-866-5585
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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