$3,399,000
( )
$18,247 est/mo Sourced by Back At You14881 Marine Drive,White Rock, BC V4B1C2
White Rock, BC V4B1C2
Description
Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value. (id:13843)
Details
| MLS # | C8079456 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 137 |
| Listing Provided By | Gammon International Real Estate Corporation | Stanley Chiu |
Features
Interior
| Fireplace Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 46860.7 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | BC |
|---|---|
| City | White Rock |
| Postal Code | V4B1C2 |
| Listing VS Median (in V4B1C2) | |
Price: $3,399,000 low | high Med: $449,000 On site: 137 low | high Med: 23 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | White Rock |
| Postal Code | V4B1C2 |
| Listing VS Median (in V4B1C2) | |
Price: $3,399,000 low | high Med: $449,000 On site: 137 low | high Med: 23 | |
Nearby Listings (Within 1/4 mile)
Price: $2.549M - $4.248M
sqft: 0 - 0
Listing Updated: September 29, 2026 at 4:09:47 AM PDT