Colliers presents the opportunity to purchase a multi-tenant retail asset in the heart of Deep Cove at 1012-1060 Deep Cove Road and 4260-4266 Mount Seymour Parkway, North Vancouver BC (the”Property”), one of North Vancouver’s most sought-after neighbourhoods. Anchored by a diverse tenant mix on long-term leases, the Property offers secure cash flow with meaningful income growth and future redevelopment potential supported by demolition clauses. Combining stable income, long-term redevelopment upside, and a prime North Shore location, the Property represents a rare opportunity to acquire a high-performing retail asset in one of Metro Vancouver’s most supply-constrained and desirable markets.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Retail
Commercial Type:
Retail
Construction:
Mixed
Building Type:
Mixed Use, Quasi Retail, Strip Mall
Living Area:
18,478 sq. ft.1,717 m2
Subject Property Depth:
129'39.3 m
Subject Property Width:
269'82 m
Retail Size:
18,478 sq. ft.1,717 m2
Lot Area:
34,848 sq. ft.3,237 m2
Zoning:
VC-DC & C6
Potential to Redevelop:
Flexibility for future redevelopment, No
Heating:
Varies by Unit
Cooling:
Varies by Unit, Air Conditioning
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Street Lighting, Sidewalk
Sewer:
Public Sewer
Parcel Number:
010649221
Washrooms Female/Male
No
Security System, Building Security
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
Flexibility for future redevelopment, No
Env Assmt Phase:
No
Original Price:
$14,780,000
Aerial perspective of suburban area with a water and mountain view