Retail Space for Sale in North Vancouver

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106 W 1st Street
Lower Lonsdale North Vancouver V7M 1A9

$10,998,000
Commercial Sale

View of property
Photo 1: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 2: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 3: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 4: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 5: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 6: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 7: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 8: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 9: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 10: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Photo 11: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8067637
A fully renovated office and retail building with approximately $2 million spent on improvements is being offered for sale at a 5.00% capitalization rate. Retail tenants include a popular vegan eatery and a local grocery store, plus unique laneway storefronts feature a dance studio and vintage clothing. Considerable upside remains upon turnover with longstanding tenants. Office tenants enjoy views of downtown Vancouver. Property held in a bare trust.
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Office
Num Storeys:
4
# Bldgs:
1
Living Area:
24,619 sq. ft.
Title to Land:
Freehold
Lot Area:
6,098.4 sq. ft.
Zoning:
Potential to Redevelop:
up to 3.60 FSR; Heritage building, buyer to confirm, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
005738571
Taxes:
$72,858.88 / 2024
No
ONE PERCENT (1.00%)
# Elevators:
0
Water Rights:
No
Roof:
Potential to Redevelop:
up to 3.60 FSR; Heritage building, buyer to confirm, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    View of property
  • Photo 2: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    View of property
  • Photo 3: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Interior space with baseboards
  • Photo 4: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 4 of 11
  • Photo 5: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 5 of 11
  • Photo 6: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 6 of 11
  • Photo 7: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 7 of 11
  • Photo 8: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 8 of 11
  • Photo 9: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 9 of 11
  • Photo 10: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 10 of 11
  • Photo 11: 106 W 1st Street in North Vancouver: Lower Lonsdale Commercial Sale for sale : MLS®# C8067637
    Photo 11 of 11
Listed by Paradigm Group Commercial Real Estate Services
Data was last updated April 8, 2025 at 04:10 AM (UTC)