A 2-storey retail and apartment building at 6964 Victoria Drive has sold for $3,050,000. The 5,710 SF building includes a dentist office on the ground floor and two residential units above.
Deal metrics:
- Cap Rate: 4.75%
- Price/SF: $595
The asking price for the property was $3,395,000.
Property brochure: https://macdonaldcommercial.com/docs/listings/6964-victoria-drive/Victoria-6964-Vancouver.pdf
The listing agent for the property was Jake Luft of Macdonald Commercial.
