156 W 3rd Street

COMM For Sale in Lower Lonsdale, North Vancouver

$5,300,000
Extremely rare opportunity to acquire a 2 storey commercial investment property just west of Lonsdale Avenue. This already transitioning neighbourhood of Lower Lonsdale is the ideal location to purchase this property and experience equity growth in this highly sought after location. The Building is fully leased with 2 ground floor retail tenants and l second floor medical office tenant. This property also has the convenience of on-site rear pad parking (for 10 cars) with direct access to the medical clinic. There is also the possibility of the new Buyer occupying all or a portion of the 2nd floor space. The property has been self-managed due to its simple ease of maintenance. The opportunity to redevelop this property is also a viable option and could be investigated further either independently or with the acquisition of the neighboring properties as an assembly. LOTS OF POSSIBILITIES HERE.
Address 156 W 3rd Street
List Price $5,300,000
Type of Dwelling COMM
Area North Vancouver
Sub-Area Lower Lonsdale
Floor Area 4,650 Sq. Ft.
Listing Brokerage Macdonald Commercial

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Ben Sigston

Macdonald Realty

1575 Marine Dr West Vancouver BC V7V 1H9

Office: (604) 771-9718

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