1476 W 8th Ave - Office FOR SALE


Vancouver, BC V6H 1E1
$12,500,000 CAD
604-687-7331
1476 W 8th Ave, Vancouver, BC for Sale
$12,500,000 CAD
Office - FOR SALE
1/4
null | 4.02% Cap Rate

1476 W 8th Ave
Vancouver, BC V6H 1E1


HIGHLIGHTS

  • Fully leased to Ivanhoé Cambridge, ensuring reliable financial performance and minimal risk exposure.
  • Located in the South Granville district, adjacent to West Broadway and three blocks from the Granville Bridge.
  • Positioned directly beside the future Granville SkyTrain Station, part of the Millennium Line extension.
  • Architecturally distinctive concrete and glass structure delivering design quality and ownership appeal.
  • With $50B in equity, Ivanhoe Cambridge is among the elite of national tenants, offering a level of incomparable security
  • Zoned C3-A with flexible provisions for future increases in density and redevelopment potential.

OVERVIEW

1476 West 8th Avenue offers a rare opportunity to acquire a fully stabilized, 100% freehold interest in one of South Granville’s most notable office buildings. Situated just one block from the intersection of West Broadway and Granville Street, this four-storey asset delivers exceptional connectivity to Vancouver’s core business districts, the upcoming Granville SkyTrain Station, and urban lifestyle destinations. The property comprises 14,393 square feet across four floors with modern architectural design and a strong tenant covenant. Currently leased to Ivanhoé Cambridge, a blue-chip national tenant with $50 billion in equity, the building provides investors with secure cash flow and minimal maintenance obligations. Positioned within the C3-A zoning district, the property offers significant future up-zoning and density increase potential under the Broadway Plan, with allowances up to 8.0 FSR and 25 storeys. Additionally, the arrival of the Millennium Line extension will enhance accessibility and demand in this rapidly evolving corridor. A strong employment base, unmatched local amenities, and outstanding transit infrastructure make 1476 West 8th Avenue a compelling long-term investment in one of Vancouver’s most desirable submarkets. The asking price reflects both current income security and transformative growth potential.

FOR SALE DETAILS

PRICE

$12,500,000 CAD

PRICE/SF

$868 CAD /SF

CAP RATE

4.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,748 SF

ZONING

C-3A

APN/PARCEL ID

023-911-581

ASK ABOUT THIS PROPERTY

Struan SaddlerAvison YoungMore Info
604-687-7331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Struan SaddlerAvison YoungMore Info
604-687-7331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.