13
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$5,197,000
Est. payment /mo
0.28 Acres Lot
Active
1642 Pandora ST Vancouver, BC V5L 1L6
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type Asset
MLS Listing ID C8065890
Year Built 1968
Lot Size 0.280 Acres
Property Sub-Type Industrial
Property Description
Well below Jul 2024 BC Ppty Tax Assessed Value $6.465M. Starting price $83 per Buildable SQFT or $416 per SQFT of land. Existing 1968 warehouse/laboratory w/ 8,221 SF of leaseable area. 30% of chem lab space rented monthly at $20 PSF gross. Adjacent bldgs same owner 1670 & 1636 Pandora also on MLS, use 1670 Pandora together as side wall open pass thru with dbl fire rollup gate for addtl 8,540 SF flr area. Heavy Industrial redevelopment site, 2 blks North of E. Hastings at Commercial Dr., & 3 blocks South of Port of Van. waterfront, in East Van. Site is 12,495 SqFt of land & 102 ft of frontage along Pandora St. First time to sales market in approx. 50 yrs. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (62,476 buildable SqFt) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF flr area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done.
Location
Province BC
Community Hastings
Area Vancouver East
Zoning M-2
Interior
Heating Baseboard, Forced Air
Cooling Forced Air
Exterior
Fence Fenced
Utilities Available Curb/Gutter, Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Street Surface Paved
Total Parking Spaces 10
Building
Story 1
Sewer Public Sewer, Storm Sewer
Water Public
Others
Ownership Freehold
Security Features Security System
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