Business
10 Bedrooms
12 Bathrooms
Size: 10,426 sqft
Built in 1910
$5,290,000
About this Business in Downtown VW
1130 Granville Street - Exceptional opportunity at an unbeatable price to acquire a 4 lvl, approx 12,000 SF character mixed-use bldg on a 25’ x 120’ lot in the heart of Vancouver’s Entertainment District. Prime DT location with 2 flrs of commercial/retail plus 2 upper flrs with 6 residential units, within one of the city’s most vibrant and evolving corridors. Excellent exposure, heavy pedestrian & vehicular traffic, and surrounded by restaurants, hotel…s, towers, transit & nightlife. Strong hold income potential with projected earnings of approx $480,000/yr, translating to an almost 10% cap rate. Exceptional upside for investors, owner-users or developers seeking a premier Granville Street asset with future redevelopment potential, including possible higher FSR subject to City approval.
Listed by Real Broker.
1130 Granville Street - Exceptional opportunity at an unbeatable price to acquire a 4 lvl, approx 12,000 SF character mixed-use bldg on a 25’ x 120’ lot in the heart of Vancouver’s Entertainment District. Prime DT location with 2 flrs of commercial/retail plus 2 upper flrs with 6 residential units, within one of the city’s most vibrant and evolving corridors. Excellent exposure, heavy pedestrian & vehicular traffic, and surrounded by restaurants, hotels, towers, transit & nightlife. Strong hold income potential with projected earnings of approx $480,000/yr, translating to an almost 10% cap rate. Exceptional upside for investors, owner-users or developers seeking a premier Granville Street asset with future redevelopment potential, including possible higher FSR subject to City approval.
Listed by Real Broker.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sylvia Fierro for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: R3112182
- Bedrooms: 10
- Bathrooms: 12
- Type: Business
- Size: 10,426 sqft
- Lot Size: 3,000 sqft
- Full Baths: 12
- Half Baths: 0
- Taxes: $38588.4
- Basement: Exterior Entry
- Storeys: 4 storeys
- Year Built: 1910
- Style: 4 Level Split
Contact Sylvia now to get started with your next move!
604.351.8417Downtown VW, Vancouver West
Urban living has never been easier than in Vancouver’s Downtown area. This location features museums, theatres, and shopping galore. So much to do and so little time would be the perfect expression for anyone living in this niche community. If you like to be in the epicenter of all the action then this is the perfect location for you. Its close proximity to the Commercial and Banking district that runs along Burrard, Pender, Georgia, and Hastings features some of the most spectacular architecture in the entire Downtown core. You will be blown away by the hustle and bustle of this optimistic area.