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Renanza Realty
For sale

15491 MARINE DRIVE

White Rock, British Columbia

MLS® C8077577

$1,895,000

Status
Active
Property type
Retail
MLS® number
C8077577
Bedrooms
Bathrooms
Year built

Listing description

Street level free standing mix commercial building on "Marine Drive" waterfront strip. Great investment and self occupy opportunity! Downstairs around 700' Restaurant space come with full Comercial kitchen.

This street front retail comes with a established franchise tenant and maintained the building with major upgrades. Upstairs comes with a completely renovated 1 bedroom and den suite above restaurant takes advantage of the unobstructed view of the ocean, including a private patio area out back. New storage building & private parking with lane access.

Downstairs restaurant and upstairs residential suite are rented out separately with over 4. 5% CAP rate. Don't miss this opportunity to own a unique free standing building with stable cash flow or open a business at the most busy street in Whiterock!

Plz do not disturb tenant.

Property summary

MLS® number
C8077577
Property type
Retail
Annual property taxes
$10,098.89
Days on market
151 days

What would this home cost you?

Based on the $1,895,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,817 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Crest Realty, Richmond.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.