South Granville commercial building
1480 West 11th Avenue, Vancouver
$10,400,000

$33.22 psf (additional)
Overview
Goodman Commercial is proud to present the opportunity to purchase a 5,889 SF multi-tenant commercial building, prominently located on the southeast corner of West 11th Avenue and Granville Street. This property boasts exceptional visibility in the heart of South Granville’s shopping district, one of Vancouver’s most sought-after commercial neighbourhoods.
The building comprises four fully-leased units, ranging in size from 955 to 1,743 SF, with leases secured through at least 2027. Improved on a 54’ x 120’ (6,483 SF) C-3A zoned corner lot, the site is just two blocks from the future South Granville SkyTrain station and offers significant long-term redevelopment potential under the Broadway Plan and Transit-Oriented Areas Rezoning Policy.
The offering presents investors with a stable, income-generating asset that also holds exceptional long-term upside in one of the city’s most coveted locations.
Location
The property is ideally located in Vancouver’s South Granville neighbourhood—a prime area known for high foot traffic and excellent accessibility. Granville Street and West Broadway provide direct routes to Downtown Vancouver and other major areas of the city.
South Granville is renowned for its vibrant mix of boutique retailers, art galleries, and a diverse array of restaurants and cafés, offering abundant options for shopping, dining, and entertainment. The property also carries a notable culinary legacy, having housed some of Vancouver’s most iconic restaurants, both past and present—including the legendary Vij’s, its sister restaurant Rangoli, Bombay Kitchen + Bar, Mum’z Rasoi, Sirka, and now Bar Asra—solidifying its status as a key destination on Vancouver’s dynamic West Side.
Suite mix
No. units | Average size | Rent range | |
---|---|---|---|
1480 West 11th | Average size1,743 SF | ||
1488 West 11th | Average size955 SF | ||
2706 Granville | Average size1,620 SF | ||
2714 Granville | Average size1,571 SF |
Financials
Financing | Treat as clear title | |
---|---|---|
Assessment 2025 | Land Building Total | Land$14,700 Building$8,154,000 Total$8,168,700 |
Taxes 2024 | $104,352 | |
Income and expenses | Gross income Vacancy Effective gross Operating expenses Net operating income | Gross income$593,187 Vacancy(23,727) Effective gross$569,459 Operating expenses(188,497) Net operating income$380,962 |
Notes | Contact listing agent for further details. |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Ian Brackett
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Ian Brackett
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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