$2,099,999

15517 MARINE DRIVE, White Rock, British Columbia, V4B 1C9

MLS® # C8076800

White Rock BC, V4B 1C9

MLS® # C8076800

Property Information:

Rare opportunity to own a prime ocean-view commercial building overlooking the iconic White Rock Pier. This property features 5 total units, including a restaurant space and four rental units, all enjoying panoramic, unobstructed beach and ocean views. Strong income potential with estimated rental revenue of $10,000-$12,000 per month. Located in a high-traffic beachfront area with excellent exposure. Zoned CR-4 (Commercial / Residential Mixed-Use) allowing future redevelopment potential with commercial space below and residential above. Excellent holding property, income investment, or future development opportunity in one of White Rock's most desirable locations. (id:27)

Property Features:

Property Type: Multi-family

Courtesy of: Century 21 Coastal Realty Ltd.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 15517 MARINE DRIVE, White Rock, British Columbia, V4B 1C9

Lifestyle
Neighbourhood

Demographic Information of 15517 MARINE DRIVE, White Rock, British Columbia, V4B 1C9

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$158,005.26

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.3 %

High school certificate or equivalent

31.77 %

Apprenticeship trade certificate/diploma

9.14 %

College/non-university certificate

20.59 %

University certificate (below bachelor)

3.17 %

University Degree

27.03 %

Commuter

Travel To Work

By Car

82.74 %

By Public Transit

4.41 %

By Walking

9.27 %

By Bicycle

1.75 %

By Other Methods

1.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.52 %

Houses

75.48 %

Own Vs. Rent