Victoria Drive Retail/Apartment Building Sold

A 2-storey retail and apartment building at 5853-5857 Victoria Drive, at East 43rd Avenue in East Vancouver has sold.

Details:

  • Building Size: 3,082 SF
  • Lot Size: 3,643 SF
  • 2 retail units (local restaurant & pharmacy) + 2 one-bedroom apartment units
  • Purchase Price: $2,639,000
  • $/SF Building: $856/SF
  • Cap Rate: Approx. 4%

The property had been listed with RE/MAX City Realty with a list price of $2,790,000.