2231-2245 Granville St - Freestanding FOR SALE


Vancouver, BC V6H 3G1
$12,500,000 CAD
604-209-2928
2231-2245 Granville St, Vancouver, BC for Sale
$12,500,000 CAD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

2231-2245 Granville St
Vancouver, BC V6H 3G1


HIGHLIGHTS

  • First time on market
  • Commercial section is fully leased to a diverse mix of 6 tenants
  • 2 of the 4 residential units are newly renovated
  • Potential to build up to 25 storeys and an 8 FSR on this block

OVERVIEW

FOR SALE | Mixed-Use Investment / Future Development Opportunity to acquire this 12,464 SF freestanding, commercial / residential mixed-use building on a 60’ x 122’ lot. The commercial section is fully leased to a diverse mix of 6 tenants and 2 of the 4 residential units are newly renovated one of which is currently vacant. This property has immense future development upside in accordance with the Broadway Plan which provides the potential to build up to 25 storeys and an 8 FSR on this block. Building - This building was constructed in 1980 and the developer has retained ownership since its construction. It is a unique development with a split-level retail component which is leased to 6 long-term tenants totaling 6,441 SF, and on the top level are 4 spacious, one bedroom residential units with sizes ranging between 817 and 904 SF, each with a private balcony and solarium.

FOR SALE DETAILS

PRICE

$12,500,000 CAD

PRICE/SF

$1,003 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C3-A

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Conor FinucaneNAI Commercial VancouverMore Info
604-209-2928

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Conor FinucaneNAI Commercial VancouverMore Info
604-209-2928

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