Commercial Properties for Sale & Lease in the Fraser Valley

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3589 Commercial Street
Victoria VE Vancouver V5N 4E9

$3,840,000
Multi-Family Commercial, Retail

Two-story commercial building with yellow siding and black trim
Photo 1: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 2: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 3: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 4: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 5: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 6: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 7: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 8: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 9: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 10: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 11: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 12: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Photo 13: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8080189
Build. Type:
Mixed Use
Welcome to Gow Block, a noteworthy building located at the corner of Commercial Street and East 20th in the Kensington Cedarcove Neighbourhood. The building consists of 4 commercial units at grade and 4 residential units above. The property was fully restored in 2012 and had the roof done in 2022. Central location with great neighbourhood amenities nearby. The building is fully tenanted and produces a 5.09% return at ask.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Retail
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Mixed Use
# of Apartments:
4
# of 1 Bedroom Apartments:
1
# of 2 Bedroom Apartments:
3
Year built:
1910 (Age: 116)
Living Area:
6,000 sq. ft.
Subject Property Depth:
63'
Subject Property Width:
66'
Contiguous Spc:
1,500 sq. ft.
Retail Size:
3,000 sq. ft.
Lot Area:
3,920.4 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Mixed
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection, Street Lighting, Sidewalk
Sewer:
Public Sewer
Parcel Number:
028121856
Taxes:
$29,246.1 / 2025
Balconies
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Two-story commercial building with yellow siding and black trim
  • Photo 2: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Commercial building featuring a yellow facade with dark trim
  • Photo 3: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Yellow-sided building featuring a storefront with an awning, multiple windows, and a second-story balcony with railings
  • Photo 4: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Multi-level residential building featuring horizontal siding, a covered ground-level patio, and a second-story balcony with dark railings
  • Photo 5: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Staircase entry featuring a wooden handrail, painted treads, and light-toned walls
  • Photo 6: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Bay window with horizontal blinds, wood-finish flooring, and crown molding
  • Photo 7: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Room featuring wood-finish flooring, a double-hung window with substantial trim, and a built-in closet with a hanging rod
  • Photo 8: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Light wood-finish flooring extending through the space
  • Photo 9: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Kitchenette featuring white cabinetry with brushed nickel hardware, a dark speckled countertop, and a stainless steel sink
  • Photo 10: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Bay window with a curved design, showcasing light wood-finish flooring, white baseboards, and neutral wall paint
  • Photo 11: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Bathroom featuring a clawfoot tub with shower attachment, subway tile wainscoting, and black and white mosaic floor tile
  • Photo 12: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Dedicated utility closet featuring a stacked washer and dryer, water heater, and louvered bifold doors
  • Photo 13: 3589 Commercial Street, Vancouver, BC V5N 4E9 – MLS C8080189
    Exterior balcony featuring a concrete floor, dark green painted railing, and yellow siding
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Listed by Lennard Commercial Realty Vancouver Ltd.
Data was last updated July 7, 2026 at 08:35 PM (UTC)
JARED GIBBONS
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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.
Reciprocity Logo 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.