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$ 4,200,000
Est. payment | /mo
6,098 Sqft Lot
$ 4,200,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8069916
Year Built 1993
Lot Size 6,098 Sqft
Property Sub-Type Retail
Property Description
Avison Young is proud to present the opportunity to acquire 4990 Victoria Drive, a strategically located corner property in the heart of Vancouver, British Columbia. Situated along the prominent Victoria Drive corridor, this property offers exceptional visibility and frontage, making it an ideal asset for both immediate income and long-term redevelopment potential. The property comprises a well-positioned commercial retail unit at grade and three fully leased residential rental units on the second floor, providing stable holding income from day one. Its corner lot configuration enhances accessibility and future design flexibility—key attributes for urban development. As a prime candidate for land assembly, 4990 Victoria Drive represents a pivotal piece for unlocking greater density and value through the City of Vancouver's C-2 zoning policy, which supports mixed-use redevelopment. This offering is complimented by the opportunity to acquire the DQ Franchise Operating Business. Contact listing agents.
Location
Province BC
Community Victoria Ve
Area Vancouver East
Zoning C-2
Interior
Heating Baseboard, Rooftop
Exterior
Utilities Available Electricity Connected, Fully Serviced, Phone Connected
Street Surface Paved
Building
Story 2
Sewer Public Sewer, Sanitary Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
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