iL Mercato Shopping Centre at 1641 Commercial Drive is a vibrant 66,000 sq ft neighbourhood retail and office complex at the corner of Commercial Drive and East First Avenue in Vancouver. Built in 1986, iL Mercato is anchored by Loblaws, VanCity, and Tim Hortons, with ample on-site parking and a diverse mix of retail and service tenants. Its prime location on one of Vancouver's most iconic commercial streets ensures outstanding visibility and consistent foot traffic.
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iL Mercato Shopping Centre
1641 Commercial Drive, Vancouver, BC, V5L 3Y3
iL Mercato Shopping Centre
6 photos
iL Mercato Shopping Centre
Exterior iL Mercato Shopping Centre
Exterior iL Mercato Shopping Centre
Exterior iL Mercato Shopping Centre
Exterior iL Mercato Shopping Centre
Exterior iL Mercato Shopping Centre
Exterior
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About the Property
Commercial & Office & RetailProperty Type
4Floors
1986Built
65,576 sqftTotal Area
1Available Spaces
Building Features
Elevator
Parking Available
Air Conditioning
iL Mercato Shopping Centre comprises 65,576 sq ft of retail and office space across four storeys on commercial drive.
Interested in leasing space?
OR
For all inquiries please contact
Damien Roussin
President & Chief Executive Officer
Available Spaces
1 space
Unit #
Type
Area (sqft)
Base Rent PSF
Op. Cost PSF
Monthly Rent
Available: January 31, 2027 Unit 245 - 1,389 sqft Unit 255 - 1,094 sqft Unit 260 - 1,080 sqft Unit 265 - 1030 sqft Unit 270 - 1,780 sqft Range: 1,030 sqft to 6373 sqft
Unit 245 - 270 Office
Contact
Area6,373 sqft
Base Rent PSF$27.00
Op. Cost PSF$27.22
Available: January 31, 2027 Unit 245 - 1,389 sqft Unit 255 - 1,094 sqft Unit 260 - 1,080 sqft Unit 265 - 1030 sqft Unit 270 - 1,780 sqft Range: 1,030 sqft to 6373 sqft
Location & Transportation
1641 Commercial Drive, Vancouver
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Address
1641 Commercial Drive, Vancouver, BC, V5L 3Y3
Located at the corner of Commercial Drive and East First Avenue in East Vancouver, iL Mercato Shopping Centre sits in one of Vancouver's most vibrant and densely populated commercial neighbourhoods. Commercial Drive is a renowned destination for dining, shopping, and services, drawing a loyal local following and strong pedestrian traffic year-round. The property is well-served by public transit, with Commercial-Broadway SkyTrain Station (Expo and Millennium Lines) nearby, and easy access to major arterials connecting to downtown Vancouver, East Vancouver neighbourhoods, and beyond.