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Waterfront commercial space sells for $925 psf

False Creek location features fine finishes
102-1012-beach-avenue-vancouver
A waterfront unit at 102-1012 Beach, Ave., Vancouver, sold for $3.7 million on Aug. 12.

DEAL | A commercial strata unit at 102-1012 Beach Ave., Vancouver, sold Aug. 12 for $3.7 million. Totalling 3,998 square feet, the unit sold for an average of $925 per square foot, below the list price of $1,000 per square foot. Built in 1990 as part of a mixed-use residential development, the space features attractive finishes overlooking False Creek. The seller was assisted by Brian Mackenzie of NAI Commercial while Liam March at Sitings Realty represented the buyer.

PRICE | $3,700,000

FROM | Brian Mackenzie, NAI Commercial