James Lodge

Overview

Vacant possession for 8 of the 11 units! James Lodge is a well maintained 11-suite 3-storey apartment building located just four blocks east of Vancouver’s prominent South Granville shopping district.

Built in 1957, the property is improved on a 6,250 SF RM-3 zoned site. The building features a suite mix of 1 bachelor, 8 one-bedrooms and 2 two-bedrooms, with 8 of the 11 suites delivered vacant. Other highlights include storage lockers for all units, electric breakers, 1 set of washer/dryer and 5 surface level parking stalls located at the rear.

Additionally, two of the vacant suites have been completely modernized with comprehensive upgrades and feature new kitchens, bathrooms, flooring and appliances (including dishwashers). The balances of the suites have partial upgrades; the roof is approx. 10 years old and the boiler was replaced in approx. 2013.

Share purchase available – the property is held in a bare trust.

Location

James Lodge is conveniently located between Granville & Oak Street on the south side of 12th Avenue, affording quick access to highly concentrated employment nodes such as the Broadway Corridor or Vancouver General Hospital. West Broadway and West 12th Avenue form the major east-west traffic arteries across the city (direct bus access to UBC), while Granville & Oak Street are major north-south arterials to and from the downtown core and Richmond / YVR. Additionally, the property is within short walking distance to the future Broadway Skytrain scheduled for completion in 2025.

Shopping is available in the immediate area just steps away along Granville Street and West Broadway. South Granville’s prime retail corridor is one of Vancouver’s trendiest shopping destinations and offers tenants easy access to numerous amenities, art galleries, coffee shops, restaurants, banks and theatre, to name a few.