Retail for Sale — North Vancouver, BC
$3,549,000
1635 MARINE DRIVE, North Vancouver, BC V7P1V1
Property details
Structured details
- Zoning
- C9
- Annual property tax
- $29,796.09 (2025)
- Lot dimensions
- 2953
Listing Information
- MLS®
- C8079758
- Listed
- June 19, 2026
- Time on market
- 87 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Embrace the epitome of urban investment in the heart of North Vancouver's Norgate community. Meticulously rebuilt from the studs out, this mixed use property features three modern residential units that have been leased, together with two perfectly sized retail spaces fronting busy Marine Drive that are currently vacant and ready for occupancy. Each residential unit offers contemporary finishes and efficient layouts suited to today's urban renter. The retail spaces include storage, HVAC and a built out washroom, providing a practical base for a range of users. Centrally located, the building enjoys excellent access to transit, amenities, dining and entertainment. Benefit from North Vancouver's strong market fundamentals, low vacancy rates, population growth and upward pressure on rents, all strategically positioned within a thriving and dynamic community. (id:63159)
Financing calculator
Estimate your monthly payment on the $3,549,000 asking price.
Financing details
- Monthly debt service
- $34,447
- Cash required at close
- $734,800
- 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 (North Vancouver)
- Population
- 146,288(+5.6% since 2016)
- Population density
- 848.1/km²
- Median household income
- $108,300
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 43.4%
- Postsecondary below bachelor's
- 25.8%
- High school diploma
- 23.2%
- No certificate/diploma
- 7.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 74.5%
- Public transit
- 11.8%
- Walked
- 8.6%
- Bicycle
- 2.3%
- Other
- 2.8%
Commute duration
- Under 15 min
- 28.7%
- 15–29 min
- 38.9%
- 30–44 min
- 21.1%
- 45–59 min
- 6.9%
- 60+ min
- 4.4%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Casa Corsi · 1509 Marine Drive111m
- Pho Garden · 1469 Marine Drive166m
- Lion Hot Pot · 1356 Marine Drive322m
- Kypriaki Mediterranean Grill · 106-1346 Marine Drive332m
- Sushi Man · 1307 Marine Drive399m
Cafes (5+)
- Abadan · 1431 Marine Drive198m
- Tim Hortons · 1409 Marine Drive208m
- Starbucks486m
- Bean Around The World Coffees · 105-1575 Pemberton Avenue636m
- Douce Diner · 1490 Pemberton Avenue687m
Grocery (3)
- Sungiven Foods · 1595 Marine Drive53m
- Bulk Barn115m
- Save-On-Foods541m
Shopping (1)
- Norgate Centre186m
Parks (5+)
- Norgate Park199m
- Anderwood Park448m
- Belle Isle Park582m
- Welch Park673m
- Ashdown Park684m
Gyms (2)
- Healthy You Pilates Studio · 1470 Pemberton Avenue703m
- Orangetheory Fitness711m
Pharmacies (3)
- North West Marine Pharmacy209m
- Remedy'sRx · 1268 Marine Drive488m
- Pharmasave796m
Banks & ATMs (2)
- Vancity · 1290 Marine Drive456m
- TD Canada Trust · 101-1226 Marine Drive624m
Healthcare (1)
- Northshore Medical Clinic746m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Westbound Marine Dr @ Bowser Ave | 22m | |
| Eastbound Marine Dr @ Tatlow Ave | 37m | |
| Westbound Marine Dr @ Philip Ave | 197m | |
| Westbound Marine Dr @ McGuire Ave | 246m | |
| Eastbound Marine Dr @ Philip Ave | 306m | |
| Southbound Garden Ave @ Hope Rd | 335m |
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All in North Vancouver →Frequently asked questions
What is the asking price for this business?
The asking price is $3,549,000.
Where is this business located?
This listing is located in North 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.