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1408 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3Y3

MLS® # C8058785
Commercial For Sale In Vancouver, British Columbia
$3,600,000
1408 Commercial Drive, Vancouver, BC
1408 Commercial Drive, Vancouver, BC
1408 Commercial Drive, Vancouver, BC
1408 Commercial Drive, Vancouver, BC
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ACTIVE
1408 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3Y3
$3,600,000

Property Information:

RARE FIND!! In the heart of Commercial Drive! Stand alone and very well run building . Comprising of two units (1408 and 1414 Commercial drive) 1,050 Sq Ft each on one level approximately (street level 2,100 sq ft on 33' x 132' lot with triple net leases and two very good tenants . The property is zoned C-2-C allowing for a variety of uses. Great holding property/investment and with valuable redevelopment potential. Please inquire for additional information. (id:27)

Building Features:

  • Style: Retail
  • Amenities: Street Lighting

Property Features:

  • Property Type: Retail
  • Features: Lane
  • Lot Size: 4356.00 Square Feet
  • Utility Type: Hydro - Available, Water - At Lot Line, Sewer - Available
  • Zoning: C2C

Courtesy of: RE/MAX Masters Realty

REALTOR.ca  

Location of 1408 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3Y3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 1408 COMMERCIAL DRIVE , experiences 7 hot days per year at around 27.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.4℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

97/100

High

ClimateCheck®

Current data

This property, 1408 COMMERCIAL DRIVE , experiences 12 significant 2-day storms per year, with about 639.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 740.4mm of precipitation per year.

Precipitation Per Storm

Past
639.4mm
2050
740.4mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1408 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3Y3

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$120,449.11

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.62 %

High school certificate or equivalent

22.03 %

Apprenticeship trade certificate/diploma

8.23 %

College/non-university certificate

14.87 %

University certificate (below bachelor)

2.24 %

University Degree

40.02 %

Commuter

Travel To Work

By Car

51.99 %

By Public Transit

20.02 %

By Walking

12.47 %

By Bicycle

10.65 %

By Other Methods

4.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.31 %

Houses

19.69 %

Own Vs. Rent