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$ 11,750,000
Est. payment | /mo
5,998 Sqft Lot
$ 11,750,000
Est. payment | /mo
5,998 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8069676
Lot Size 5,998 Sqft
Property Sub-Type Multi Family
Property Description
Corbel Commercial is pleased to present an exceptional opportunity to acquire a free standing 3-storey, mixed use asset located at 1033 Granville Street in Downtown Vancouver, priced to sell with a new $745,000 price reduction. The subject property is comprised of 3 fully leased Commercial Restaurant/Retail units on the main floor plus 8 massive, 3-bedroom, fully refurbished character residential units on floors 2 and 3. The building has undergone a substantial renovation to include new glass retail storefronts, upgraded building systems, 3 commercial grade venting systems for commercial kitchens, and fully restored, character residential, market rental units above, centrally located in the heart of the Granville Entertainment District. At an approx. 5.34% Cap Rate, this is an excellent income generating investment with huge potential redevelopment opportunities in the future. Please contact the listing agent for further details.
Location
Province BC
Community Downtown Vw
Area Vancouver West
Zoning DD COMPRHSV DVPLMNT
Others
Ownership Freehold
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