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Retail units on prime White Rock property sold for $1.36 million

Three retail units in Pacific Pointe strata apartments sold for $453,333 per unit
white rock property
The units feature views of Boundary Bay and White Rock beach.
Price: $1,360,000
No. of Units: 3
Price/Unit: $453,333
Property Size: $2,264
Property Type: Retail 
Zoning: CS-1
Date of Sale: 12/01/16
City: White Rock
Province: B.C.
Name of Brokerage: Macdonald Commercial Real Estate Services Ltd. 
 
Three retail units on prime White Rock property have sold for $1.36 million, Macdonald Commercial Real Estate Services tells Western Investor.  
Agents Stuart Wright and Nick Goulet brokered the sale, which includes three ground level strata retail spaces at East Beach on Marine Drive. Purchase of the spaces comes with 9 private, secured parking stalls exclusively for strata units. The properties were listed on the market for $1,595,000 and are part of Pacific Pointe, a four-storey strata apartment complex. The building was constructed in 2004. Mystique Hair Design and Dawn Wattie Law Corporation currently tenant two out of three of the units. The third is available. 
 
The units are located at 15621 Marine Dr. in White Rock near Boundary Bay.
 

 

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