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1416 CROWN Street in North Vancouver: Lynnmour Industrial for sale : MLS®# C8030616

1416 CROWN Street North Vancouver V7J 1G5 : Lynnmour

Main Photo: 1416 CROWN Street in North Vancouver: Lynnmour Industrial for sale : MLS®# C8030616
$11,900,000
Prop. Type:
Industrial
MLS® Num:
C8030616
Status:
Active
Build. Type:
Freestanding
Fully leased building to long term tenants. Flexible lease terms should a buyer want to occupy for their own use. NOI approx. $400,000.00* - lots of upside in the rents. Neighbouring property also for sale and on MLS at 1408 Crown for an assembly of 1.13 Acres. This is the first time on the market in several decades. Property falls within the 'Lower Lynn Town Centre' Official Community Plan. Excellent owner-user OR development potential.
Sale Type:
Asset
Property Type:
Industrial
Construction:
Concrete Block
Building Type:
Freestanding, Strip Mall, Warehouse
Total Floor Area:
Switch units of measure20,000 sq. ft.
Land Use/Zoning:
I-3
Taxes:
$66,377.38 / 2019
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated August 8, 2020 at 08:10 PM (UTC)
RAYMOND LEUNG

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