2515 Clarke Street

For Sale | Retail | ± 722 SQFT | $925,000
Overview

Prime retail unit at 2515 Clarke Street, Port Moody. This property is an excellent investment opportunity, currently leased to a high-end salon, providing immediate income. The space offers potential for added value with the ability to install a mezzanine, enhancing square footage and usability. Located in a vibrant area known for its commercial activity, this unit boasts a luxurious interior that attracts upscale clientele. With a solid tenant in place and situated in a growing community, this property promises steady revenue and is perfect for investors seeking a profitable, low-maintenance real estate investment. Listed at a 4.5% cap rate with 2 years remaining on the lease.

4.5% Cap Rate Unit with Ability to Install a Mezzanine

  • Major Corridor
  • 4.5% Cap Rate
  • High Vehicle and Foot Traffic
  • Expand Square Footage with Mezzanine

Details
Status

For Sale

Address

2515 Clarke Street, Port Moody,
Canada

Size

± 722 SQFT

Type

Retail

Price

$925,000

Property Taxes

$6,950 (2023)

PID

030-495-237

Zoning

CD62

Legal Description

STRATA LOT 8, PLAN EPS5005, DISTRICT LOT 201, GROUP 1, NEW WESTMINSTER LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V

Location

Clarke Street, Rocky Point and Brewery Row are vibrant and picturesque locales in Port Moody, British Columbia, known for their lively community atmosphere and scenic views. Rocky Point Park offers waterfront access with amenities such as hiking and biking trails, a boat launch, and a popular spray park, making it a favorite destination for outdoor enthusiasts and families alike. Adjacent to the park is Brewery Row, a bustling street famous for its craft beer scene. This area hosts several renowned microbreweries that draw both locals and visitors eager to sample artisanal beers in a lively setting. Together, these areas provide a blend of recreational activities and culinary experiences, symbolizing the unique charm of Port Moody.


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Stathis Michael Savvis
Stathis Michael Savvis

Personal Real Estate Corporation

Commercial Sales & Leasing

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.