4355 Granville St - Schools FOR SALE


Vancouver, BC V6H 3L6
$7,200,000 CAD
604-790-7089

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$7,200,000 CAD
Schools - FOR SALE
null | Request Cap Rate

4355 Granville St
Vancouver, BC V6H 3L6


HIGHLIGHTS

  • Plumbing, heating, electrical, and seismic upgrades completed.
  • Established in 1932, Granville House was the original York House School location and operates as a feeder school to that location today.
  • Currently in a 5-year term ending June 30,2027 with a tenant option to extend 5 years to June 30,2032 with lease escalations in place.
  • The school operator leases both the school space on the bottom 3 floors along with the residential area on the top floor.

OVERVIEW

Marcus & Millichap is proud to present to market the historic Granville House Montessori School (“Granville House”), located at 4355 Granville Street in Vancouver’s Shaughnessy neighbourhood. Originally built in 1912, Granville House has been beautifully restored and renovated with over $1M in capital expenditures since 2013 including plumbing, electrical, heating, and significant seismic upgrades while maintaining the Property’s original character. The property’s iconic status was established in 1932 when a group of teachers established the original York House School at the Granville House, opening with 17 students and 7 teachers before expanding to York House’s current location in 1938. The current owners purchased the Property in 2013 and once again established the site as a school, this time for pre-schoolers, operating as Granville House Montessori School where it continues to operate successfully today. The school acts as a feeder school to York House School.

FOR SALE DETAILS

PRICE

$7,200,000 CAD

PRICE/SF

$1,504 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Granville House Montessori School

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,768 SF

ZONING

-

APN/PARCEL ID

011-016-795

ASK ABOUT THIS PROPERTY

James BlairMarcus & MillichapMore Info
604-790-7089

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James BlairMarcus & MillichapMore Info
604-790-7089

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