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115 E 1ST Street
Lower Lonsdale North Vancouver V5M 4N8

$11,600,000
Multi-Family Commercial, Retail

View of property
Photo 1: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 2: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 3: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 4: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 5: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 6: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 7: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 8: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 9: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Photo 10: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8067398
Build. Type:
Low Rise (2-4 stories)
CBRE is pleased to present the rare opportunity to acquire a high-quality mixed-use investment property in the heart of Lower Lonsdale. The property consists of 18 residential suites and 4 retail units all currently occupied by high quality tenants. The building is located in the heart of Lower Lonsdale and benefits from retail frontage along East 1st Avenue and the vibrant Lolo Lane. The residential suite mix provides 16 one-bedroom and 2 two-bedroom suites, with the ability to improve the income significantly upon tenant turnover. Further, the property has been extensively renovated with significant and recent capital improvements including windows, plumbing, electrical, structural reinforcing and more.
Sale Type:
Asset
Building Type:
Low Rise (2-4 stories), Commercial Mix
Name of Complex/Subdivision:
# Bldgs:
1
# Units:
22
# Other Units:
# of Apartments:
18
# of 1 Bedroom Apartments:
16
# of 2 Bedroom Apartments:
2
# Storeys:
4.0
Total Floor Area:
19,607 sq. ft.
Retail Size:
8,366 sq. ft.
Lot Area:
5,898 sq. ft.
Lot Depth:
120
Lot Frontage:
49'
Land Use/Zoning:
MF
Permitted Use:
Retail
Taxes:
$77,924.17 / 2024
Services Connected:
Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Sidewalk
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    View of property
  • Photo 2: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    View of building exterior
  • Photo 3: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    View of property
  • Photo 4: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    View of building exterior
  • Photo 5: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    Entrance to property with brick siding
  • Photo 6: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    View of exterior entry featuring brick siding
  • Photo 7: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    Property entrance featuring french doors
  • Photo 8: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    Exterior space featuring french doors
  • Photo 9: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    View of building exterior
  • Photo 10: 115 E 1ST Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8067398
    View of building exterior
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Listed by CBRE Limited
Data was last updated March 25, 2025 at 06:10 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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