MLS® C8080613

Retail for Sale — Vancouver, BC

$850,000

1250 COMMERCIAL DRIVE, Vancouver, BC V5L3X4

100
Walk Score
72
Transit
91
Bike
Walk Score® by Redfin
For SaleTurnkey
680 square feet
Floor area
1997
Year built
100
Walk Score
72
Transit
91
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
C-2C1
Annual property tax
$9,408.12 (2025)
Strata/association fee
$528.18/monthly
Utilities
Water, Electricity, Telephone
Sewer
Storm sewer
Lot features
Dock height loading

Listing Information

MLS®
C8080613
Listed
July 21, 2026
Time on market
55 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Excellent income-producing investment with an approximate 5.08% cap rate and long-term stable rental income. Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established long-term tenant with a renewal option, providing secure and reliable cash flow. Includes 1 secured underground parking stall. Major capital improvements include building-wide plumbing replacement (2022) and a new HVAC system (2023), minimizing future maintenance concerns. A turnkey investment opportunity in one of Vancouver's most sought-after retail locations. (id:63159)

Financing calculator

Estimate your monthly payment on the $850,000 asking price.

Financing details
Monthly debt service
$8,250
Cash required at close
$195,000
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

English50.7%
Yue (Cantonese)11.8%
Mandarin6.4%
Tagalog (Pilipino, Filipino)2.9%
Spanish2.6%
Punjabi (Panjabi)2%
Vietnamese1.8%
French1.5%
Iranian Persian1.4%
Korean1.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Magari by Oca · 1260 Commercial Drive13m
  • Havana · 1212 Commercial Drive23m
  • Sing Sing · 1191 Commercial Drive75m
  • Thai Basil · 1179 Commercial Drive84m
  • Portuguese Club of Vancouver · 1144 Commercial Drive85m

Cafes (5+)

  • Turk's · 1276 Commercial Drive27m
  • Caffè Soccavo · 1321 Commercial Drive106m
  • Cafe Du Soleil · 1393 Commercial Drive122m
  • Moja Coffee · 1102 Commercial Drive135m
  • Bump n Grind Cafe · 916 Commercial Drive326m

Grocery (5+)

  • Santa Barbara Market · 1316 Commercial Drive93m
  • Sweet Cherubim · 1109 Commercial Drive137m
  • Choices Market · 1045 Commercial Drive174m
  • Mi Tierra Latina · 1034 Commercial Drive190m
  • Triple A Market · 1626 Commercial Drive387m

Shopping (1)

  • Il Mercato · 1641 East 1st Avenue388m

Parks (5+)

  • Grandview Park · 1255 Commercial Drive86m
  • Victoria Park · 1425 Victoria Drive278m
  • Mosaic Creek Park · 1475 Charles Street351m
  • Salsbury Park · 1806 Adanac Street435m
  • Alice Townley Park · 1775 Woodland Drive608m

Gyms (5+)

  • Gym D131m
  • Arc Studio Space · 1707 Grant Street228m
  • Gym C232m
  • Axé Capoeira Britannia Community Centre · 1661 Napier Street239m
  • Open Door Yoga · 1651 Commercial Drive355m

Pharmacies (5+)

  • Pharmasave · 1308 Commercial Drive67m
  • Shoppers Simply Pharmacy · 1517 Commercial Drive269m
  • Robin's Pharmacy · 908 Commercial Drive337m
  • The Drive Pharmacy · 1684 Commercial Drive407m
  • PharmaPlus Rx · 2021 Commercial Drive780m

Banks & ATMs (4)

  • Bitcoin ATM Localcoin · 1472 Commercial Drive232m
  • Vancity · 1675 East 1st Avenue413m
  • RBC · 1715 Commercial Drive468m
  • Instacoin ATM687m

Healthcare (1)

  • Care Point Medical & Wellness · 1623 Commercial Drive366m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Northbound Commercial Dr @ Charles St20m
Southbound Commercial Dr @ William St30m
Southbound Commercial Dr @ Kitchener St181m
Northbound Commercial Dr @ Napier St183m
Northbound Commercial Dr @ Grant St210m
Southbound Commercial Dr @ Parker St225m

Other commercial property types for sale in Vancouver

Frequently asked questions

What is the asking price for this business?

The asking price is $850,000.

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.