For Sale

Redevelopment Site

320 East 15th Avenue, Vancouver

Multi-family redevelopment site
231' x 123' (~ 28,400 SF)

Mount Pleasant neighbourhood

Overview

To acquire a redevelopment site in Vancouver, just off Main Street along East 15th Avenue, currently improved with the Bethlehem Lutheran Church (BLC) and a single family home. The site is rectangular in shape totaling ~ 28,400 SF with RM-4 zoning designation which allows for a conditional 1.45 FSR (depending on form of development). 

The Bethlehem Lutheran Church is prepared to look at various options when considering the sale of their property. Preference will be given to a developer who will entertain rebuilding a new 2-storey church for the benefit of BLC of approximately 7000 sq. ft. (~ 3,500 SF floor plate) on the existing site. However, BLC will also consider selling the property “as is” and relocating to a different site.

Location

The subject property is located one block east of Main Street on E 15th Avenue in Vancouver’s trendy Mount Pleasant neighbourhood. Mount Pleasant is one of Vancouver’s oldest neighbourhoods with a rich history. It is a vibrant area known for its artistic stores, heritage buildings, and arts-focused festivals. Annual community events include The Drift Art on Main Street, Music on Main, the Autumn Shift Festival, and Car Free Vancouver Day Festival. The area is popular with first-time homebuyers, urban professionals, and families.

Major transportation routes in a north/south direction are along Cambie and Main Streets, Kingsway and Fraser Street, with east/west travel provided by Broadway, E 12th and E 16th Avenue. It’s approximately 10 minutes to Downtown, beaches, and 20 minutes to UBC, making this site a prime and convenient location for redevelopment.

A sampling of the amenities within walking distance to the subject property include the Point Center Mall, Heritage Hall, Canada Post, G&F Financial Group, Pharmasave, Save-On-Foods, and a variety of restaurants and cafes. Mount St. Joseph Hospital is just steps away on Prince Edward and E 13th Avenue.

Offering Process

All prospective purchasers will be advised of an offer submission date after an initial marketing period and will be invited to submit offers to purchase to HQ Commercial. The property sale is subject to a bid process with no formal asking price. For more information, price guidance, offer submission preferences & guidelines, please contact:

Cynthia Jagger at 604.912.9018 or cynthia@goodmanreport.com

Summary

Lot Size231.28’ x 122.78’ (28,396.56 SF)
Land Area0.65 acres
ZoningRM-4
Floor Space Ratio1.45
Development Potential41,175 SF
PID011-252-715

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