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1867 Marine Drive
Ambleside West Vancouver V7V 1J8

$2,300,000
Retail

Status:
Active
Prop. Type:
Retail
MLS® Num:
C8083254
Build. Type:
Condo Strata Complex
MARINE DRIVE INVESTMENT OPPORTUNITY! Extremely rare opportunity to acquire a 1,233* sq.ft. ground floor updated strata retail unit on Marine Drive in the heart of the Ambleside Business District. This property is located within a quaint mixed residential/retail development on the sunny north side of Marine Drive completed circa 1993. This unit is occupied by an established tenant until March 31, 2031 with no further renewal option. Lots of options available as the owner can then occupy or continue to lease out for optimum rental income. This unit is centrally located on a public transit route just 2 blocks north of the Ambleside Seawall next to restaurants, Fresh Street Market, Starbucks Coffee and Bank of Montreal. PLEASE DO NOT DISTURB TENANT. CALL THE LISTING AGENT FOR VIEWING APPOINTMENT. * Square footage confirmed via Measure Masters.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Strata
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete, Mixed
Building Type:
Condo Strata Complex, Low Rise (2-4 storeys), Mixed Use
Home Owners Association:
Yes
Living Area:
1,233 sq. ft.
Contiguous Spc:
1,233 sq. ft.
Class Of Space:
Class B
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Mixed, Air Conditioning, HVAC System
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
018241727
Taxes:
$19,428.57 / 2026
Storefront, Washrooms Female/Male
No
Security System
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$930.10
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated November 2, 2026 at 07:40 PM (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.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo 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.