MLS® C8077577

Retail for Sale — White Rock, BC

$1,895,000

15491 MARINE DRIVE, White Rock, BC V4B1C9

81
Walk Score
32
Bike
Walk Score® by Redfin
For SaleFranchise
81
Walk Score
32
Bike
Walk Score® by Redfin

Property details

Structured details

Annual property tax
$10,098.89 (2025)

Listing Information

MLS®
C8077577
Listed
April 2, 2026
Time on market
165 days
Data last synced
September 14, 2026
Source
CREA DDF®

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. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,895,000 asking price.

Financing details
Monthly debt service
$18,393
Cash required at close
$404,000
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

English74.1%
Mandarin5.1%
Punjabi (Panjabi)3%
German2%
French1.3%
Tagalog (Pilipino, Filipino)1%
Spanish0.9%
Yue (Cantonese)0.8%
Korean0.7%
Russian0.7%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Coney Island Fish and Chips · 15487 Marine Drive8m
  • Zapoteca Mexican Grill & Seafood · 15495 Marine Drive11m
  • Bandra Cafe · 15519 Marine Drive68m
  • Montgomery's Cottage Lunch · 15539 Marine Drive118m
  • Washington Avenue Grill · 15782 Marine Drive599m

Cafes (3)

  • Leieve Tea · 15581 Marine Drive226m
  • Finlay's East Beach Café · 15611 Marine Drive279m
  • Verandah Cafe by the Beach610m

Parks (5+)

  • Unnamed75m
  • Terry Parr Plaza101m
  • Unnamed107m
  • Unnamed137m
  • Balsam Street Greenbelt138m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Eastbound Marine Dr @ Balsam St67m
Westbound Marine Dr @ Balsam St70m
Westbound Columbia Ave @ 15500 Block179m
Eastbound Columbia Ave @ 15400 Block252m
Eastbound Columbia Ave @ Maple St284m
Westbound Columbia Ave @ Maple St290m

Other commercial property types for sale in White Rock

Frequently asked questions

What is the asking price for this business?

The asking price is $1,895,000.

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 14, 2026.