1130 Granville Street
Downtown VW, Vancouver West
OFFERED AT: $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, 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 Manny Bal PREC* 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.
Listing Features
- MLS®: R3112182
- Bedrooms: 10
- Bathrooms: 12
- Type: Business
- Size: 10,426 sqft
- Lot Size: 3,000 sqft
- Taxes: $38588.4
- Basement: Exterior Entry
- Storeys: 4 storeys
- Year Built: 1910
- Style: 4 Level Split
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