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$ 18,900,000
Est. payment | /mo
0.48 Acres Lot
$ 18,900,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type Asset
MLS Listing ID C8063840
Year Built 1980
Lot Size 0.478 Acres
Property Sub-Type Office
Property Description
Strip Mall on busy Kingsway near Nanaimo Street. High Exposure location with excellent visibility for retail spaces. Located within the boundaries of the Norquay Village Neigbourhood Centre Plan with rezoning possibility for development of mixed-used buildings up to 14 storey at density of 3.8 FSR, subject to final approval of re-zoning application to City of Vancouver by buyer. Details of the policies and development parameters can be found under section 4.0 of the above-mentioned plan posted in City's official site (Vancouver.ca). All 9 retail units rented out to good tenants, lots of additional parking spaces available in underground garage level. Great investment opportunity.
Location
Province BC
Community Victoria Ve
Area Vancouver East
Zoning C-2
Interior
Heating See Remarks, Steam
Cooling See Remarks, Air Conditioning
Equipment Crane
Exterior
Utilities Available Cable Connected, Sanitary sewer at LotLine
Roof Type Torch On
Total Parking Spaces 50
Others
Ownership Freehold
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