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Price on request
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
95%
Year Built
2015
Well-located street-level strata retail space consisting of two combined units with a total area of approximately 1,747 sq.ft., situated in a high-traffic location just off Marine Drive in North Vancouver. The space features a functional open layout, laminate flooring throughout the entire unit, and one private washroom. The property offers excellent visibility, ground-floor access, and ample shared parking. It falls under C9 zoning, making it suitable for a wide range of retail, office, or service-oriented businesses. Convenient access to major transportation routes including Highway 1, Lions Gate Bridge, and Downtown Vancouver. YouTube link https://youtu.be/rt0kEN4zYXk (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-511
Cash-on-cash
-0.11%
DSCR
0.99
Going-in cap
5.51%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
56,603
Households
26,663
Median income
$72,000
Median age
42
Daytime population
94,348
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 101 & 102 1209 W 16TH STREET, North Vancouver.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.