Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
- Year Built
- 1940
Property Snapshot
MLS #C8082216
Type, style and structure
Land, frontage and setting
Price, taxes and monthly charges
This retail in Vancouver offers a 6,480 sqft lot. Built in 1940. The property has lot dimensions of 6480.
5.51% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. Good for long term investor, owner-user or developer. (id:60351)
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Listed by Chris Tsoromocos, TRG Commercial Realty Ltd.
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Listed by Chris Tsoromocos, TRG Commercial Realty Ltd. · MLS# C8082216
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