Retail for Sale — Vancouver, BC
$3,498,000
1108 COMMERCIAL DRIVE, Vancouver, BC V5L3X2
Property details
Structured details
- Zoning
- C-2C1 COMMERCIAL
- Annual property tax
- $32,135.47 (2026)
- Utilities
- Sewer, Natural Gas, Electricity, Telephone
- Sewer
- Storm sewer
Listing Information
- MLS®
- C8079749
- Listed
- June 19, 2026
- Time on market
- 87 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
The DRIVE, formerly known as "Little Italy,"is a unique Vancouver neighbourhood and shopping district. C-2C1 zoning with high-traffic, high-visibility retail exposure makes this an excellent business opportunity. This two-storey free-standing building features two 2-bedroom residential suites on the second level and two retail units on the ground floor, offering approximately 4,000 sq. ft. of total space. Three parking spaces are located at the rear. Conveniently located close to Britannia Community Services Centre, Britannia Elementary and Secondary Schools, and just steps from Grandview Park. Please do not disturb the existing tenant. (id:63159)
Financing calculator
Estimate your monthly payment on the $3,498,000 asking price.
Financing details
- Monthly debt service
- $33,952
- Cash required at close
- $724,600
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Vancouver)
- Population
- 662,248(+4.9% since 2016)
- Population density
- 5,749.7/km²
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 44.9%
- Postsecondary below bachelor's
- 21.4%
- High school diploma
- 23.2%
- No certificate/diploma
- 10.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 56.2%
- Public transit
- 22.9%
- Walked
- 13.1%
- Bicycle
- 5.3%
- Other
- 2.6%
Commute duration
- Under 15 min
- 20.0%
- 15–29 min
- 40.1%
- 30–44 min
- 26.3%
- 45–59 min
- 7.9%
- 60+ min
- 5.6%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- SULA Indian Restaurant · 1128 Commercial Drive23m
- Kulinarya Filipino Eatery · 1134 Commercial Drive32m
- Portuguese Club of Vancouver · 1144 Commercial Drive40m
- Lunch Lady · 1046 Commercial Drive41m
- Thai Basil · 1179 Commercial Drive63m
Cafes (5+)
- Moja Coffee · 1102 Commercial Drive13m
- Turk's · 1276 Commercial Drive152m
- Bump n Grind Cafe · 916 Commercial Drive202m
- The Bunny Cafe · 1696 Venables Street215m
- Caffè Soccavo · 1321 Commercial Drive230m
Grocery (5+)
- Sweet Cherubim · 1109 Commercial Drive51m
- Choices Market · 1045 Commercial Drive63m
- Mi Tierra Latina · 1034 Commercial Drive66m
- Santa Barbara Market · 1316 Commercial Drive217m
- Triple A Market · 1626 Commercial Drive512m
Shopping (1)
- Il Mercato · 1641 East 1st Avenue512m
Parks (5+)
- Grandview Park · 1255 Commercial Drive158m
- Salsbury Park · 1806 Adanac Street312m
- Victoria Park · 1425 Victoria Drive371m
- Mosaic Creek Park · 1475 Charles Street391m
- Woodland Park · 705 Woodland Drive535m
Gyms (5+)
- Gym D93m
- Gym C128m
- Axé Capoeira Britannia Community Centre · 1661 Napier Street134m
- Arc Studio Space · 1707 Grant Street352m
- Open Door Yoga · 1651 Commercial Drive480m
Pharmacies (4)
- Pharmasave · 1308 Commercial Drive192m
- Robin's Pharmacy · 908 Commercial Drive213m
- Shoppers Simply Pharmacy · 1517 Commercial Drive394m
- The Drive Pharmacy · 1684 Commercial Drive531m
Banks & ATMs (3)
- Bitcoin ATM Localcoin · 1472 Commercial Drive357m
- Vancity · 1675 East 1st Avenue538m
- RBC · 1715 Commercial Drive593m
Healthcare (1)
- Care Point Medical & Wellness · 1623 Commercial Drive491m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Northbound Commercial Dr @ Napier St | 61m | |
| Southbound Commercial Dr @ Parker St | 105m | |
| Southbound Commercial Dr @ William St | 108m | |
| Northbound Commercial Dr @ Charles St | 144m | |
| Northbound Commercial Diversion @ Venables St | 268m | |
| Southbound Commercial Dr @ Kitchener St | 306m |
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All in Vancouver →Frequently asked questions
What is the asking price for this business?
The asking price is $3,498,000.
Where is this business located?
This listing is located in Vancouver, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.