Commercial Properties for Sale & Lease in the Fraser Valley

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Office, Retail

Doorway to property featuring french doors
Photo 1: , Vancouver, BC – MLS C8075746
Photo 2: , Vancouver, BC – MLS C8075746
Photo 3: , Vancouver, BC – MLS C8075746
Photo 4: , Vancouver, BC – MLS C8075746
Status:
For Lease
Prop. Type:
Office, Retail
MLS® Num:
C8075746
Build. Type:
Condo Strata Complex
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:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
800183923
No
No
Ceiling Height:
13'
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$1,113.49
Other Income:
Effective Gross Income:
Net Operating Income:
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
Previous Price:
Original Price:
  • Photo 1: , Vancouver, BC – MLS C8075746
    Doorway to property featuring french doors
  • Photo 2: , Vancouver, BC – MLS C8075746
    View of property floor plan
  • Photo 3: , Vancouver, BC – MLS C8075746
    View of property floor plan
  • Photo 4: , Vancouver, BC – MLS C8075746
    View of apartment building / complex
Listed by RE/MAX Crest Realty
Data was last updated February 3, 2026 at 08:40 AM (UTC)
JARED GIBBONS
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.
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.