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- Status:
- For Lease
- Prop. Type:
- Office, Retail
- MLS® Num:
- C8075746
- Build. Type:
- Condo Strata Complex
- Photos (4)
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Brand new retail unit for lease at Ace on the Drive, offering exceptional visibility and flexibility for a wide range of retail and service uses. This modern space features efficient unit configuration, optimal sizing, and generous ceiling heights, providing an adaptable layout for various business concepts. Located at the prominent intersection of East 12th Avenue and Commercial Drive, the property benefits from strong pedestrian and vehicular traffic and excellent exposure in one of East Vancouver’s most vibrant commercial corridors. Zoned CD-1, allowing for many retail, service, office, and business uses (subject to City approval). Contact listing agent for floor plans, lease rates, and additional details.
- Sale Type:
- Lease
- Lease Type:
- Net
- Sublease:
- Yes
- Ownership:
- Freehold
- Property Type:
- Office, Retail
- Commercial Type:
- Retail
- Construction:
- Other
- Name of Complex/Subdivision:
- Ace On The Drive
- Num Storeys:
- 6
- Building Type:
- Condo Strata Complex, Mixed Use
- Home Owners Association:
- Yes
- Year built:
- 2025 (Age: 1)
- Leasable Area:
- 1,375 sq. ft.
- Subject Property Depth:
- 82'
- Subject Property Width:
- 110'
- Contiguous Spc:
- 1,375 sq. ft.
- Office Size:
- 1,375 sq. ft.
- Retail Size:
- 1,375 sq. ft.
- Minimum Divisible Area:
- 1,375 sq. ft.
- Lot Area:
- 0 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- Yes
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- No
- Sewer:
- Public Sewer
- Parcel Number:
- 800183923
- No
- No
- Ceiling Height:
- 13'
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
- Cap Rate %:
- Signup
- Gross Income:
- Signup
- Oper. Expenses:
- Signup
- Association Fee:
- $1,113.49
- Other Income:
- Signup
- Effective Gross Income:
- Signup
- Net Operating Income:
- Signup
- Basic Rent per Month:
- 5729.0
- Additional Rent per Month:
- 4500.0
- Basic Rent per Annum:
- 68750.0
- Basic Rent per Annum per SF:
- 50.0
- Additional Rent per Annum per SF:
- 39.27
-
Doorway to property featuring french doors -
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Listed by RE/MAX Crest Realty
Data was last updated February 4, 2026 at 02:40 AM (UTC)
- TOM WANG
- RE/MAX CREST REALTY
- (604) 8973390
- tom@tomwangcommercial.com
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.