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14881 Marine Drive
South Surrey White Rock White Rock V4B 1C2

$3,800,000
Office, Retail

Main Photo: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 1: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 2: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 3: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 4: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 5: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 6: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 7: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 8: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Photo 9: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8079456
Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Strata
Property Type:
Office, Retail
Commercial Type:
Retail
Name of Complex/Subdivision:
Driftwood Arms
Num Storeys:
1
# Bldgs:
1
Home Owners Association:
Yes
Year built:
1972 (Age: 54)
Living Area:
6,727 sq. ft.
Subject Space Width:
584'
Contiguous Spc:
6,727 sq. ft.
Retail Size:
584 sq. ft.
Minimum Divisible Area:
584 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:
001155873
Taxes:
$46,860.7 / 2025
No
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$4,166.67
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 2: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 3: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 4: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 5: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 6: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 7: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 8: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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  • Photo 9: 14881 Marine Drive: White Rock Office for sale in "Driftwood Arms" (South Surrey White Rock)  : MLS®# C8079456
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Listed by Gammon Property Advisors Corporation
Data was last updated June 17, 2026 at 01:35 AM (UTC)
TREVOR BRUCKI | Residential Specialist
RON WALL | Commercial Specialist
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