$5,290,000
New Listing
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 Kelvin Lee 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.
| MLS®: | R3112182 |
| Type: | Business |
| Bedrooms: | 10 |
| Bathrooms: | 12 |
| Square Feet: | 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 |