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1108 Commercial Drive
Grandview Woodland Vancouver V5L 3X2

$3,498,000
Multi-Family Commercial, Retail

Street-level commercial buildings featuring multiple storefronts, upper-level residential units with balconies, and a paved street with street parking
Photo 1: 1108 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8079749
Photo 2: 1108 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8079749
Photo 3: 1108 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8079749
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8079749
Build. Type:
Mixed Use
The DRIVE, formerly known as “Little Italy,” is a unique Vancouver neighbourhood and shopping district. C-2C1 zoning with high-traffic, high-visibility retail exposure makes this an excellent business opportunity. This two-storey free-standing building features two 2-bedroom residential suites on the second level and two retail units on the ground floor, offering approximately 4,000 sq. ft. of total space. Three parking spaces are located at the rear. Conveniently located close to Britannia Community Services Centre, Britannia Elementary and Secondary Schools, and just steps from Grandview Park. Please do not disturb the existing tenant.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Retail
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Mixed Use
# Bldgs:
1
Year built:
1972 (Age: 54)
Living Area:
4,000 sq. ft.
Subject Property Depth:
112'
Subject Property Width:
33'
Subject Space Depth:
112'
Subject Space Width:
33'
Retail Size:
2,000 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Electric
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
014979012
Taxes:
$32,135.47 / 2026
Balconies, Washrooms Female/Male
No
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 1108 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8079749
    Street-level commercial buildings featuring multiple storefronts, upper-level residential units with balconies, and a paved street with street parking
  • Photo 2: 1108 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8079749
    Image quality insufficient for description
  • Photo 3: 1108 Commercial Drive in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8079749
    Location Map. Illustrating the property's geographical position and surrounding infrastructure
Listed by RE/MAX City Realty
Data was last updated June 20, 2026 at 06:40 PM (UTC)
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