Office for Sale — White Rock, BC
$10,000,000
15261 RUSSELL AVENUE, White Rock, BC V4B5C3
Property details
Structured details
- Security
- Alarm system
Listing Information
- MLS®
- C8071509
- Listed
- August 15, 2025
- Time on market
- 395 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Situated on the vibrant corner of Russell Avenue and George Street, this prime location offers exceptional visibility and accessibility. Just steps away from major transit routes, it provides convenient connections throughout White Rock and beyond. The property is also within easy walking distance of the heart of the White Rock Business District, placing you close to a wide range of shops, restaurants, professional services, and community amenities. The Russell Professional Building is divided into 12 office units, home to a mix of local businesses such as accountants, doctors, and educators. This strong tenant mix creates a stable, community-focused environment and makes the building a desirable choice for both professionals and investors. (id:63159)
Financing calculator
Estimate your monthly payment on the $10,000,000 asking price.
Financing details
- Monthly debt service
- $97,062
- Cash required at close
- $2,025,000
- 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 (White Rock)
- Population
- 21,939(+10% since 2016)
- Population density
- 4,243.5/km²
- Median household income
- $73,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 29.5%
- Postsecondary below bachelor's
- 30.4%
- High school diploma
- 30.3%
- No certificate/diploma
- 9.7%
Population aged 15 and over.
Commute
- Car, truck or van
- 83.2%
- Public transit
- 5.7%
- Walked
- 7.7%
- Bicycle
- 0.6%
- Other
- 2.7%
Commute duration
- Under 15 min
- 27.2%
- 15–29 min
- 24.5%
- 30–44 min
- 27.8%
- 45–59 min
- 11.7%
- 60+ min
- 8.7%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Dining Wok Shanghai Restaurant · 15246 Russell Avenue55m
- Pho 777 Vietnamese Restaurant · 15230 Russell Avenue88m
- Penang Szechuan Restaurant · 15228 Russell Avenue94m
- Kappa Japanese Restaurant · 1450 George Street120m
- Punje Spice Indian Restaurant · 1558 George Street120m
Cafes (5+)
- Chez Christophe · 1558 Johnston Road143m
- Bean Around the World Coffees · 1400 Johnston Road230m
- Leaf Tea Lounge · 1618 152 Street242m
- Pelican Rouge284m
- Leon's Cafe354m
Grocery (4)
- Nature's Fare Markets · 15180 North Bluff Road225m
- Thrifty Foods · 15181 Thrift Avenue244m
- Save-On-Foods · 1641 152 Street399m
- Fruiticana · 1812 152 Street607m
Shopping (3)
- Semiahmoo Shopping Centre · 1701 152 Street413m
- Johnston Plaza · 1736 152 Street449m
- Winners · 1715 152 Street497m
Parks (5+)
- Unnamed107m
- Bryant Park284m
- Hodgson Park428m
- Goggs Park473m
- Beverly Commons669m
Gyms (2)
- PARC Fit & Wellness Centre156m
- Fitness World537m
Pharmacies (5+)
- Family Care Pharmacy · 1539 Johnston Road155m
- White Rock Pharmacy · 1440 George Street159m
- Rexall · 1463 Johnston Road173m
- Unnamed · 1381 George Street256m
- Shoppers Drug Mart · 15105 16 Avenue410m
Banks & ATMs (5+)
- RBC Royal Bank · 1586 Johnston Road180m
- Prospera Credit Union · 1451 Johnston Road216m
- Scotiabank · 15190 16 Avenue - North Bluff Road233m
- CIBC279m
- TD · 15110 North Bluff341m
Healthcare (2)
- Fraser Health - Diabetes Health Centre · 15455 Vine Avenue406m
- Peace Arch Hospital · 15521 Russell Avenue522m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Russell Ave @ George St | 30m | |
| Westbound Russell Ave @ Fir St | 48m | |
| Northbound Johnston Rd @ Russell Ave | 131m | |
| White Rock Centre @ Bay 4 | 187m | |
| White Rock Centre @ Bay 3 | 192m | |
| Eastbound Russell Ave @ Merklin St | 196m |
Other commercial property types for sale in White Rock
Looking to buy a business instead?
All in White Rock →Frequently asked questions
What is the asking price for this business?
The asking price is $10,000,000.
Where is this business located?
This listing is located in White Rock, 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 15, 2026.