Main Photo: 1179 W 70TH AVENUE in Vancouver: Marpole Commercial Lease for sale (Vancouver West)  : MLS®# C8053527
Photo 1: 1179 W 70TH AVENUE in Vancouver: Marpole Commercial Lease for sale (Vancouver West)  : MLS®# C8053527
Photo 2: 1179 W 70TH AVENUE in Vancouver: Marpole Commercial Lease for sale (Vancouver West)  : MLS®# C8053527
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Photo 16: 1179 W 70TH AVENUE in Vancouver: Marpole Commercial Lease for sale (Vancouver West)  : MLS®# C8053527
Photo 17: 1179 W 70TH AVENUE in Vancouver: Marpole Commercial Lease for sale (Vancouver West)  : MLS®# C8053527
Status:
Sold
Prop. Type:
Commercial
MLS® Num:
C8053527
Sold Date:
Sep 10, 2023
Fantastic opportunity! This 10-unit building is situated on a 67’ x 95’ corner lot in the heart of the Marpole Community Plan. The property consists of 9-1-bedroom units and a 1 studio apartment. Many suites have been renovated in the last 3 years but there are still a few that can be updated creating a greater upside in rental income. The landlord owns the coin laundry adding additional income. There are also multiple storage lockers. This building is truly a pride of longtime family ownership and has been superbly well maintained. The roof is in good condition; the boiler is in great condition with new hot water tanks. Parking at the rear. Excellent tenants. This is a turnkey investment with a projected net income for 2023 of $111,707. Call today for a touring schedule and information package. SOLD!
Price:
$3,650,000
Property Type:
Commercial
MLS® Num:
C8053527
Status:
Sold
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Listed by Sutton Group-West Coast Realty
Data was last updated April 29, 2025 at 04:10 AM (UTC)