$2,500,000
33082 1ST AVENUE
Beds
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Baths
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Sqft
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Year
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Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mission. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Prime Mixed-Use Investment Opportunity in the Heart of Downtown Mission! This versatile 7,344 sq. ft. building offers an exceptional addition to any professional portfolio. Situated in the high-traffic core of Mission's vibrant downtown, the property benefits from maximum visibility and a "Walker's Paradise" score, just steps from the West Coast Express, diverse local eateries, and essential services. Zoned DT1, with the newly updated OCP supporting potential DT2 zoning, this property is located within one of the city's highest-density designation. Under the current Official Community Plan, this zoning supports significant long-term growth, including high-rise potential and the greatest mix of urban uses. Whether you are looking for a stable "hold" with reliable returns or a strategic acquisition in a rapidly revitalizing transit-oriented corridor, this property delivers. (id:65958)
- Subtype
- Retail
- On market
- Mar 12, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $30,731.87 (2025)
- Photos
- 5
- MLS#
- C8076962
- Area
- MISSION
Cash on cash
-6.26%
Cap rate
3.61%
GRM
16.7
Break-even rent
$15,247
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.