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Redevelopment Site

1490 West 72nd Avenue, Vancouver

Development Site
12,873 sq. ft. gross buildable

SOLD $2,690,000

Overview

Attention developers! This is a prime opportunity to acquire a corner, Vancouver Westside C-2 zoned development site with holding income. Currently, the property is improved with a two-storey office building.

Summary

Price$2,995,000
Lot Size50' x 107' (5,149 sq. ft.)
ZoningC-2
Floor Space Ratio2.5
Development Potential12,873 sq. ft.
Price/SF Buildable$233
PID014-354-829
Sale Price$2,690,000
Sale Date05/06/2014

Location

The subject property is located in Marpole on the southeast corner of Granville Street between West 72nd Avenue and South West Marine Drive in Vancouver, B.C.

Conveniently situated near shopping and retail amenities on Granville Street including a new deluxe Safeway on 70th Avenue. Major bus routes offer easy access to Richmond, YVR Airport and Downtown Vancouver.

For a detailed information package, click here.

Financials

Assessment 2013
Land
Building
Total
Land$1,706,000
Building$18,500
Total$1,724,500
Taxes 2013
$23,285.65
NotesFor a rent roll and expense statement, please contact Nhi Denis at 604.351.8089 or nhi@icivancouver.com

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

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