Wow! An Excellent opportunity to acquire a free-standing commercial building in popular Victoria Drive Neighbourhood in Central Vancouver. Solid 2 storey property with 3 retail/commercial units on ground floor and 4 spacious one bedroom suites on the 2nd floor. Built in 1988, torch-on roof 2005, 50′ X 113′ lot and C-2 Commercial. The current under-market rents presents a great opportunity for rental upside on the overall income revenue. The Bonus: Future development potential of a 4-storey mixed-use building to a maximum of 2.5 FSR and 14,125sf of buildable density or a 6-storey mixed-use rental development with an even higher buildable density. Please confirm with the City on all development potentials. Approx. Annual Gross Income of $141,524. (id:3082)
Overview
- Year Built1988
Features
- Security
- Floor Coverings
What's Nearby?
Restaurants
- Fat Boy Kitchen (1.09 km)
18 reviews - Hai Chi Em (1.29 km)2 reviews
- B House (1.93 km)20 reviews
Coffee Shops
- Batard Boulangerie & Cafe Moderne (1.43 km)129 reviews
- Prado Cafe + Kitchen (1.35 km)
53 reviews - No 1 Coffee Bar & Billiard (0.54 km)
1 reviews
Grocery
- Teng's Market (0.16 km)
22 reviews - Garden Fresh Food & Grocery (1.41 km)3 reviews
- 88 Super Market (0.32 km)23 reviews
Education
- John Norquay Elementary School (0.73 km)1 reviews
- Cefa Junior Kindergarten (4.27 km)
2 reviews - Gladstone Secondary School (0.84 km)1 reviews
Gas Stations
- Chevron Canada Limited (0.04 km)
3 reviews - Shell (0.64 km)5 reviews
- Esso (Imperial Oil) (0.6 km)2 reviews
Bank
- U.S. Bank Branch (21.99 km)1 reviews
- Umpqua Bank (22 km)2 reviews
- Banner Bank (22.14 km)
1 reviews
