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106 W 1st Street
Lower Lonsdale North Vancouver V7M 1A9

$9,475,000
Office, Retail

Main Photo: 106 W 1st Street in North Vancouver: Lower Lonsdale Office for sale : MLS®# C8072060
Photo 1: 106 W 1st Street in North Vancouver: Lower Lonsdale Office for sale : MLS®# C8072060
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Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8072060
Build. Type:
Street-Level Storefront
A fully renovated office and retail building steps from Lonsdale Quay offered for sale at a 6.10% capitalization rate and well below replacement cost at only $385 per SF! Recently underwent a capital improvement campaign totaling approximately $1.2 Million, including structural upgrades. Considerable upside upon renewal with longstanding tenants and several have lease rate steps. Retail tenants include a popular vegan eatery and a local grocery store, plus unique laneway storefronts feature a dance studio and vintage clothing. Office tenants enjoy views of Downtown Vancouver and Burrard Inlet. Property held in a bare trust allowing for potential Property Transfer Tax savings.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Office, Retail
Commercial Type:
Office
Construction:
Concrete
Building Type:
Street-Level Storefront
Living Area:
24,619 sq. ft.
Lot Area:
6,098.4 sq. ft.
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
005738539
Taxes:
$80,787.02 / 2025
Elevator Freight, Storefront, Washrooms Female/Male
No
Water Supply:
Public
Water Rights:
No
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Listed by Paradigm Group Commercial Real Estate Services
Data was last updated November 11, 2025 at 07:35 PM (UTC)
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