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1108 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3X2

MLS® # C8063275
Commercial For Sale In Vancouver, British Columbia
$3,980,000
1108 Commercial Drive, Vancouver, BC
1108 Commercial Drive, Vancouver, BC
1108 Commercial Drive, Vancouver, BC
1108 Commercial Drive, Vancouver, BC
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ACTIVE
1108 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3X2
$3,980,000

Property Information:

The DRIVE, formerly known as "Little Italyâ€, unique neighbourhood and shopping district in Vancouver, C-2C1 zoning, high traffic retail shop, this is a great place to run business. 2 storeys free standing building, there are two units of residential 2 bedroom suite on 2nd levels, two retail stores on ground level, total 4000 sq ft., four parking spaces at the back. Close to Britannia Community Services Centre, Britannia Elementary and Secondary School, few steps to Grandview Park. Don't disturb existing tenant. (id:27)

Building Features:

  • Style: Retail
  • Amenities: Balconies, Street Lighting

Property Features:

  • Property Type: Retail
  • Built in: 1972
  • Features: Lane
  • Road Type: Paved road
  • Utility Type: Sewer - Available, Natural Gas - Available, Hydro - Available
  • Zoning: C-2C1
  • Sewer: Storm sewer

Courtesy of: RE/MAX City Realty

REALTOR.ca  

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Market Price Trends

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Location of 1108 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3X2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 1108 COMMERCIAL DRIVE , experiences 7 hot days per year at around 27.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.4℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

97/100

High

ClimateCheck®

Current data

This property, 1108 COMMERCIAL DRIVE , experiences 12 significant 2-day storms per year, with about 639.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 740.4mm of precipitation per year.

Precipitation Per Storm

Past
639.4mm
2050
740.4mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1108 COMMERCIAL DRIVE, Vancouver, British Columbia, V5L 3X2

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$128,498.17

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.56 %

High school certificate or equivalent

23.46 %

Apprenticeship trade certificate/diploma

6.11 %

College/non-university certificate

15.72 %

University certificate (below bachelor)

2.95 %

University Degree

40.19 %

Commuter

Travel To Work

By Car

49.27 %

By Public Transit

14.83 %

By Walking

18.92 %

By Bicycle

16.75 %

By Other Methods

0.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

75.66 %

Houses

24.34 %

Own Vs. Rent

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