Commercial Land for sale
753 E 55th Avenue, South Vancouver, Vancouver
$3,639,000
Features
Year Built
1967
Lot Size
7,896 sqft
Gross Property Tax
$11,289.10 /year
Building Type
See Realtor Remarks
Zoning
RR1
Subject Property Width
86.9 ft
Subject Property Depth
90.72 ft
Permitted Land Use
Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
INVESTOR & BUILDER ALERT! Exceptional opportunity in South Vancouver. This expansive 7,900 SQFT lot offers potential for development, allowing upwards of 8 units with future multi-family zoning possibilities (verify with the City). Positioned on the high side of the street, enjoy stunning southern views of Richmond and the Fraser River. Currently owner-occupied with two rented basement units, providing significant rental income while awaiting permits. Located in a vibrant area near Fraser Street, Main Street, 49th Avenue, and Punjabi Market, this property is surrounded by amenities, shopping districts, and transit. A solidly built home with renovations over the years, ideal for holding as an investment or pursuing development potential . Don't miss this rare opportunity!
MLS® Number C8065100