5775 Marine Drive

For Sale | Investment Property | ± 23,614 SQFT | Contact Listing Agent
Overview

Nestled within the prestigious enclave of West Vancouver, 5775 Marine Drive represents an exclusive opportunity to acquire a stabilized, freestanding property with minimal management. This esteemed property hosts two long-term tenants: a childcare facility occupying 4,093 square feet and a restaurant spanning 2,800 square feet, both secured with leases extending until 2031. The property features ample parking, a fenced outdoor play area for the childcare, a convenient drop-off zone, and a full commercial kitchen in the restaurant. Situated just steps from the marina and within close proximity to the Sea to Sky Highway and the BC Ferries Horseshoe Bay Terminal, this property offers unparalleled convenience and accessibility.

Freestanding Waterfront Trophy Investment Property

  • Rare and prestigious West Vancouver freestanding property
  • Tenanted by daycare and restaurant operator until 2031
  • 250 ft of frontage on Marine Drive
  • Stabilized and minimal management with two longterm tenants with options to renew
  • On site parking with drive in drop off area
  • Over $1,000,000 spent on daycare improvements
  • Gated outdoor play area for daycare at rear of property
  • Vaulted ceilings restaurant with existing kitchen venting and wrap around outdoor patio (covered and non-covered)
  • Close proximity to BC Ferries Horseshoe Bay
  • Terminal and Sea to Sky Highway
  • Directly across from the marina

Details
Status

For Sale

Address

5775 Marine Drive, West Vancouver,
Canada

Size

± 23,614 SQFT

Type

Investment Property

Price

Contact Listing Agent

Property Taxes

$39,374.59

PID

008-847-304

Zoning

CD33 (Marine at Primrose - Fisherman's)

Legal Description

LOT 1, BLOCK 15, PLAN VAP12573, DISTRICT LOT 772, GROUP 1, NEW WESTMINSTER LAND DISTRICT

Location

5775 Marine Drive enjoys an enviable location surrounded by luxury homes and high-net-worth neighborhoods. Situated just a short drive from the Sea to Sky Highway and the iconic BC Ferries Horseshoe Bay Terminal, this property offers seamless accessibility. The area is renowned for its breathtaking views of the ocean and mountains, attracting discerning residents and travelers alike. With a myriad of upscale amenities, including fine dining establishments, boutique shops, and recreational activities, the neighborhood exudes an aura of exclusivity and sophistication. Whether it's a leisurely stroll along the waterfront or a scenic drive along the coastline, the location of 5775 Marine Drive offers a lifestyle of unparalleled luxury and convenience.


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Matthew Ho
Matthew Ho

Commercial Sales & Leasing

Steven Lam
Steven Lam

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.