7,200 ft²Retail$10,999,000Sale
7,200 ft²
Retail
$10,999,000
Sale
Conor Finucane*
NAI Commercial BC
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FOR SALE | Mixed-Use Investment / Future Development This is the first time on the market for this fully leased 12,464 SF freestanding, commercial/residential mixed-use building on a 60’ x 122’ lot. The commercial section is leased to a diverse mix of 6 long-term tenants and 2 of the 4 residential units have been recently renovated. 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. It is conveniently located a block from the Skytrain station at Broadway and Granville St. South Granville has continued to be a prestigious area with some of the finest retailers in the city. It is a desirable area to live with Granville Island only steps away and mere minutes from downtown.
The Space
Asking Price$10,999,000
Available Space7,200 ft²
Floor3
Property UseMulti family / Retail
SourceDirect
The 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
Property TypeRetail / Multifamily
ZoningC-3A
Up to $500K for British Columbia businesses
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