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CRU 1 1635 Marine Drive
Norgate North Vancouver V7P 1V1

$[***]
Office, Retail

Main Photo: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 1: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 2: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 3: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 4: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 5: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 6: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 7: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 8: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 9: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 10: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 11: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Photo 12: CRU 1 1635 Marine Drive, North Vancouver - Norgate
Status:
For Lease
Prop. Type:
Office, Retail
MLS® Num:
C8072633
Build. Type:
Freestanding
Prominently located along Marine Drive—North Vancouver’s major east-west arterial and one of the North Shore’s busiest thoroughfares—these newly built ground-floor retail units offer exceptional visibility to constant vehicle traffic. This CRU is delivered in shell condition with HVAC and a fully built washroom, providing a flexible canvas for tenant improvements. Any business will benefit from high-exposure storefronts and prominent signage, capturing the attention of thousands of vehicles that pass along Marine Drive each day The property benefits from excellent regional connectivity: just minutes from the Lions Gate Bridge and downtown Vancouver, and in close proximity to West Vancouver’s Park Royal Shopping Centre. Surrounded by a growing residential base and supported by strong North Shore market fundamentals, 1635 Marine Drive represents an ideal opportunity for retail and service-oriented businesses seeking long-term visibility and success. Option to lease 1857 SF.
Sale Type:
Lease
Lease Type:
Net
Sublease:
Yes
Ownership:
Freehold
Property Type:
Office, Retail
Commercial Type:
Retail
Construction:
Mixed
Num Storeys:
2
Building Type:
Freestanding, Mixed Use, Street-Level Storefront
# Bldgs:
1
# Units Total:
3
Year built:
1950 (Age: 75)
Leasable Area:
927 sq. ft.
Subject Property Depth:
75'
Subject Property Width:
18'
Retail Size:
927 sq. ft.
Lot Area:
0 sq. ft.
Electricity:
No
Parcel Number:
800181486
Taxes:
$28,092 / 2024
Storefront, Storage
No
# Elevators:
0
Water Rights:
No
Env Assmt Phase:
No
Basic Rent per Annum per SF:
45.0
Additional Rent per Annum per SF:
17.19
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Listed by Royal LePage Sussex
Data was last updated October 15, 2025 at 02:40 PM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

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Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.