Retail Space for Lease in Vancouver

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BK1,3,5,6 970 Burrard Street
Downtown VW Vancouver V6Z 2R4

$55 /sqft
Retail

Status:
For Lease
Prop. Type:
Retail
MLS® Num:
C8081519
Located in the heart of Downtown Vancouver, this retail sublease at The Electra offers an affordable gross rent and a flexible opportunity for a new operator. The premises is currently in shell condition with framing in place, allowing a tenant to take over the existing design/build-out or start fresh and customize the space to suit their needs. The unit offers ample electrical power and HVAC capability. The head lease runs through 2034 with two additional 5-year renewal options, providing long-term security in one of Downtown Vancouver's most established mixed-use developments.
Sale Type:
Lease
Lease Type:
Gross
Sublease:
No
Ownership:
Other
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete Block, Concrete, Metal Siding
Leasable Area:
3,593 sq. ft.
Minimum Divisible Area:
3,593 sq. ft.
Class Of Space:
Class A
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Garbage Collection, Phone Connected
Sewer:
Public Sewer
Parcel Number:
024480711
No
Water Supply:
Public
Water Rights:
No
Roof:
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Gross Rent per Annum:
197165.0
Gross Rent per Annum per SF:
55.0
Gross Rent per Month:
16467.92
Previous Price:
Original Price:
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated August 26, 2026 at 07:40 PM (UTC)
Reciprocity Logo
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.