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Sold

High-density M2-zoned site

1357 & 1435 Powell Street, Vancouver

SOLD $24,300,000

Price $25,900,000
Property type Investment / redevelopment
Gross leasable area 54,946 SF
Lot size 71,361 SF (1.64 acres)
Zoning M-2 Industrial
Cap rate 2.8%
Floor space ratio 5.0
Development potential Up to 356,805 SF buildable & maximum height of 30.5 meters
Price per SF buildable $73
Sale price $24,300,000
Sale date 09/09/2021

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