1982-1992 Prestwick Drive
Vancouver
V5P 2E9
$3,288,000
Multi-Family Commercial, Retail
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial, Retail
- MLS® Num:
- C8078515
- Build. Type:
- See Remarks
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial, Retail
- Commercial Type:
- Multi Family
- Construction:
- Frame Wood
- Name of Complex/Subdivision:
- Freestanding, Low Rise (2-4)
- Num Storeys:
- 3
- Building Type:
- See Remarks
- # Bldgs:
- 1
- # Units Total:
- 6
- # Other Units:
- 2
- # of Apartments:
- 4
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 0
- # of 2 Bedroom Apartments:
- 4
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1991 (Age: 35)
- Living Area:
- 4,512 sq. ft.
- Subject Property Depth:
- 120'
- Subject Property Width:
- 43'8"
- Retail Size:
- 1,452 sq. ft.
- Other Size:
- 3,059 sq. ft.
- Lot Area:
- 5,227.2 sq. ft.
- Zoning:
- Signup
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Road Surface:
- Paved
- Heating:
- Signup
- Electricity:
- Yes
- Services Connected:
- Cable Connected, Electricity Connected, Fully Serviced, High Speed Internet at Lot Line, Natural Gas Connected, Phone Connected, Sidewalk
- Parcel Number:
- 017317207
- Taxes:
- $15,505 / 2022
- No
-
Multi-story building with blue siding and varied rooflines
- Jean Seguin
- RE/MAX Real Estate Services
- 7787852135
- sales@vancouvercommercialbrokers.ca
Commercial properties for sale across Vancouver and British Columbia offer investors, developers, and owner-users opportunities to acquire income-producing real estate in diverse markets. These properties include retail storefronts, multi-family buildings, industrial facilities, mixed-use developments, and owner-operated commercial assets.
Vancouver Business Brokers represents commercial real estate opportunities throughout Metro Vancouver, the Lower Mainland, and BC, providing professional guidance to buyers and sellers navigating complex commercial transactions.
Types of Commercial Real Estate Properties
Commercial real estate includes a wide range of asset classes, each with distinct income profiles and investment considerations:
- Retail commercial spaces
- Multi-family residential buildings
- Industrial and logistics facilities
- Institutional and special-use properties
- Mixed-use and redevelopment opportunities
Understanding the characteristics of each asset type helps buyers align acquisitions with their investment or operational goals.
Buying Commercial Property
When evaluating commercial properties, buyers should consider:
- Net operating income and cap rates
- Tenant mix and lease stability
- Zoning, permitted uses, and density
- Location, access, and market demand
- Long-term redevelopment or value-add potential
Professional representation helps buyers assess feasibility, mitigate risk, and structure successful transactions.
Selling Commercial Property
Selling commercial real estate requires strategic pricing, market exposure, and access to qualified buyers. Asset condition, income stability, and market timing all influence value.
Working with experienced commercial brokers helps sellers:
- Position assets effectively
- Reach institutional and private buyers
- Navigate negotiations and due diligence
- Close transactions efficiently
Commercial Real Estate Markets Across British Columbia
Demand for commercial real estate varies by region. Vancouver remains a core market, while secondary and regional markets may offer attractive opportunities for yield-focused investors.
Understanding local market dynamics is essential when evaluating pricing and investment strategy.
Next Steps
If you are considering buying or selling commercial property in Vancouver or anywhere in British Columbia, professional guidance can help you navigate the process with confidence.
Frequently Asked Questions
What types of commercial properties are available?
Commercial properties include retail, multi-family, industrial, institutional, and mixed-use real estate assets.
Is commercial real estate a good investment?
Commercial real estate can provide income and long-term appreciation depending on asset type, location, and market conditions.
Do you represent commercial properties outside Vancouver?
Yes. We represent commercial properties across British Columbia.
Can owner-users purchase commercial properties?
Yes. Many commercial properties are suitable for owner-operators depending on zoning and use.
