A rare investment opportunity in the booming Ladner downtown community with new developments on the way. This is zoned for office use and would be very attractive to an esthetician, medical professional (due to three washrooms in each suite) and to other business owners including legal, accounting or any business which requires office use.
The cap rate is estimated to be 5%+ based on current market lease rates. This is a very new building, built in 2018 with minimal maintenance requirements and very easily managed. Retail of 1,370 SF on main floor with two beautifully appointed 1650 SF each, two-bedroom suites above, building totals 4,713 SF. fully leased with excellent tenants. Free parking directly in front of the building.
