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1635 Marine Drive
Norgate North Vancouver V7P 1V1

$3,549,000
Multi-Family Commercial, Retail

Main Photo: 1635 Marine Drive in North Vancouver: Norgate Multi-Family Commercial for sale : MLS®# C8079758
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Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8079758
Build. Type:
Freestanding
Embrace the epitome of urban investment in the heart of North Vancouver’s Norgate community. Meticulously rebuilt from the studs out, this mixed use property features three modern residential units that have been leased, together with two perfectly sized retail spaces fronting busy Marine Drive that are currently vacant and ready for occupancy. Each residential unit offers contemporary finishes and efficient layouts suited to today’s urban renter. The retail spaces include storage, HVAC and a built out washroom, providing a practical base for a range of users. Centrally located, the building enjoys excellent access to transit, amenities, dining and entertainment. Benefit from North Vancouver’s strong market fundamentals, low vacancy rates, population growth and upward pressure on rents, all strategically positioned within a thriving and dynamic community.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Retail
Construction:
Mixed
Num Storeys:
2
Building Type:
Freestanding, Mixed Use, Street-Level Storefront
# Bldgs:
1
# Units Total:
3
# of 1 Bedroom Apartments:
1
# of 2 Bedroom Apartments:
2
Year built:
1950 (Age: 76)
Living Area:
4,290 sq. ft.
Subject Property Depth:
75'
Subject Property Width:
39'6"
Lot Area:
3,049.2 sq. ft.
Zoning:
Potential to Redevelop:
C9 CRUM1 Development Mixed-Use Development 1.75 FSR, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
010618031
Taxes:
$29,796.09 / 2025
Storefront, Storage
No
Yes
# Elevators:
0
Water Rights:
No
Roof:
Potential to Redevelop:
C9 CRUM1 Development Mixed-Use Development 1.75 FSR, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Royal LePage Sussex
Data was last updated June 20, 2026 at 12:40 AM (UTC)
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