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Main Photo: 15791 MARINE Drive: White Rock Business with Property for sale (South Surrey White Rock)  : MLS® # C8012850
Prop. Type:
Business with Property, Multi-Family Commercial
MLS® Num:
C8012850
Status:
Active
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Freestanding
RARE FIND on Marine Drive in beautiful White Rock! High exposure 8250 sq.ft. corner lot with existing 8,000 sq/ft 2 storey commercial/residential mix building prime for re-development or renovate to increase the cap and hold. Parking in the rear and loads of parking close by. Incredible property with ocean view. Steps to the beach. Across from Semiahmoo Park. CR-4 ZONING - Potential to build a new 4 storey building with commercial/residential mix. Existing - Two commercial tenants - a craft store and LaBai Restaurant, award-winning Italian restaurant for 30 years (available with purchase). 7 apartments suites on top floor. Excellent CAP rate potential. Fantastic upside. A great property to add to your portfolio. Once in a lifetime opportunity. Call for further details.
Sale Type:
Asset
Property Type:
Business with Property, Multi-Family Commercial
Business Name:
LA BAIA RESTAURANT
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Bus Op Since:
1986
Construction:
Wood Frame
Building Type:
Freestanding, Residential Mix, Multiple Tenant/Multi-Plex (5+)
# Units:
7
Year built:
999 (Age: 1,019)
Total Floor Area:
8,000 sq. ft.
Retail Size:
4,000 sq. ft.
Other Size:
4,000 sq. ft.
Land Use/Zoning:
CR-4
Taxes:
$26,343.34 / 2016
# Elevators:
0
HVAC:
Baseboard, Forced Air
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 15791 MARINE Drive: White Rock Business with Property for sale (South Surrey White Rock)  : MLS® # C8012850
    Photo 1 of 2
  • Photo 2: 15791 MARINE Drive: White Rock Business with Property for sale (South Surrey White Rock)  : MLS® # C8012850
    Photo 2 of 2
Larger map options:
Royal LePage - Wolstencroft
Listing information last updated on 20-Jan-2018 3:39 AM
TREVOR BRUCKI | Residential Specialist
RON WALL | Commercial Specialist