Commercial Land for sale
1155 Granville Street, Downtown VW, Downtown VW, Vancouver
$5,980,000
Features
Lot Size
3,000 sqft
Gross Property Tax
$18,308.60 /year
Building Type
Low Rise (2-4 storeys), Commercial Mix
Zoning
DD (K-3)
Subject Property Width
25 ft
Subject Property Depth
120 ft
Permitted Land Use
Mixed Use, Retail
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
Luk Real Estate Group presents the unique opportunity to acquire a rarely available hotel development site in the heart of the Granville Entertainment District. As Vancouver continues to see hotel room rates rise and with demand projecting to outstrip supply in the coming years, a new hotel is needed in this changing neighbourhood. The nearby development at 1167-1193 Granville Street, which proposes a 33-storey hotel at 21.79 FSR on the corner of Granville and Davie Street serves as an excellent precedent for the changing landscape of this block on Granville. *Part of a land assembly with 1129, 1143 & 1149 Granville Street for a total land size of 15,000 SF with 125 FT of frontage*
MLS® Number C8075329