The Largest Number of Homes for Sale
Industrial for sale
1642 Pandora Street, Hastings, Vancouver
$5,197,000
$5,197,000
Industrial for sale
1642 Pandora Street, Hastings, Vancouver
Features
Year Built
1968
Floor Area
8,221 sqft
Lot Size
12,495 sqft
Gross Property Tax
$63,010.30 /year
Building Type
Manufacturing, Street-Level Storefront, Warehouse
Zoning
M-2
# of Parking Spaces
10+
Subject Property Width
102.42 ft
Subject Property Depth
122 ft
Amenities
Alarm System, Dock Loading, Lunchroom, Paved Yard, Storefront, Visitor Parking, Washrooms Female/Male, Fenced Yard
Ceiling Height
11.1 ft
# of Docks
4
Description
Well below Jul 2024 BC Ppty Tax Assessed Value $6.465M. Starting price $83 per Buildable SQFT or $416 per SQFT of land. Existing 1968 warehouse/laboratory w/ 8,221 SF of leaseable area. 30% of chem lab space rented monthly at $20 PSF gross. Adjacent bldgs same owner 1670 & 1636 Pandora also on MLS, use 1670 Pandora together as side wall open pass thru with dbl fire rollup gate for addtl 8,540 SF flr area. Heavy Industrial redevelopment site, 2 blks North of E. Hastings at Commercial Dr., & 3 blocks South of Port of Van. waterfront, in East Van. Site is 12,495 SqFt of land & 102 ft of frontage along Pandora St. First time to sales market in approx. 50 yrs. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (62,476 buildable SqFt) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF flr area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done.
MLS® Number C8065890