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15491 MARINE DRIVE, White Rock | $1,895,000

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.

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.

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MLS Listing ID: C8077577 Bedrooms: 0 Bathrooms: 0 Year Built: 0

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .