Marine Drive dance hall sold for $6.88M

The dance hall was previously sold by NAI in 2016 for $5.25 million

By
for Western Investor
April 3, 2018





marine drive
 
A concrete building used as a dance hall has sold for $6.88 million, NAI Commercial tells Western Investor.  
 
The 11,5360-square-foot building presents a unique investment potential, zoned for industrial use but offering the opportunity for office or retail use. The property was listed for $7.8 million and sold for close to one million below. The property was built in 1998 and last sold in February 2016 for $5,250,000 by NAI. 
 
The property is located at 768 Marine Dr., Vancouver. 
 

Breakdown: 

 
Price: $6,886,000
Building Size: 11,536 SF
Property Type: Industrial 
Zoning: I-2 
2017 B.C. Assessment Value: $5,229,000
Date of Sale: 03/13/2018 
City: Vancouver   
Province: B.C. 
Name of Brokerage: NAI Commercial 
 

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Rick is vice-president at NAI Commercial Vancouver. He specializes in commercial property sales in the Richmond area.

NAI Commercial
Suite 1300, 1075 West Georgia St.
Vancouver, B.C. V6E 3C9
Office: 604-691-6624

Jesse specializes in commercial sales and leasing.

NAI Commercial
Suite 1300, 1075 West Georgia St.
Vancouver, B.C. V6E 3C9
Office: 604-691-6636

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