23
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$5,750,000
Est. payment /mo
3,240 Sqft Lot
Active
2928 Granville ST Vancouver, BC V6H 3J7
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8067239
Year Built 1912
Lot Size 3,240 Sqft
Property Sub-Type Retail
Property Description
OWNER/USER or INVESTMENT OPPORTUNITY - $791/SF of gross building area. Rare opportunity to acquire a 7,268 square foot, freestanding building along the prestigious South Granville retail strip home to luxury retailers such as Restoration Hardware, Pottery Barn and high-end boutiques and restaurants. There is an immediate opportunity to occupy 2,518 SF on the 2nd floor of the building, which has recently undergone renovations and was last used as an art gallery space. The main floor is currently occupied and producing good income with a strong covenant. There are rights for an owner/user to terminate the lease and occupy the entire building. The main & 2nd Fl combined total 5,718 SF of useable area. The basement adds an additional 1,484 SF and was recently renovated and is very usable space with decent ceiling height. The price represents $791/SF of gross building area which is extrememly rare to see in the city of Vancouver for retail, let alone on South Granville St.
Location
Province BC
Community Fairview Vw
Area Vancouver West
Zoning C-3A
Interior
Cooling Air Conditioning
Building
Story 2
Sewer Public Sewer
Water Public
Others
Ownership Freehold
Virtual Tour https://vimeo.com/1086167205
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