Multi-family for sale
1130 Granville Street, Downtown VW, Vancouver
$5,998,000
$5,998,000
Multi-family for sale
1130 Granville Street, Downtown VW, Vancouver
Features
Year Built
1910
Floor Area
12,000 sqft
Lot Size
3,000 sqft
Gross Property Tax
$31,533 /year
Building Type
Low Rise (2-4 storeys), Mixed Use, Residential Mix
Zoning
DD COMP DEV
Subject Property Width
25 ft
Subject Property Depth
120 ft
Amenities
Storefront
Suite Mix Information
2 x 1 ½, 4 x 2 ½, 2 x Other
Total no. of Units
8
Description
Character 12,000 SF, 4 Lvl Mixed Use Bldg, 25'x120' lot in DT Comp Dev Dist, 2 flrs of Commercial/Retail plus 2 flrs w 6 Res Units. Bsmt & Street Level spaces (now vacant) each approx 3,000 SF, sep entrances, meters, h/w tanks etc. BSMT: Open, bright, 5 baths was leased @ approx $5,000/mo plus CAM's (prop tx, util, ins etc): STREET LEVEL unit-Cool, open, 12'-16' ceilings, brick walls, polished wood floors, 2 baths, office, was leased @ approx $10,000/mo & CAM's. 2ND & 3RD FLRS, each approx 3,000 SF - 2x1BR, 4x2 BR suites, wood floors, mouldings brick walls, sep meters, Owner occ 2 Units, Bldg in decent condition, w structural, seismic, elec & plumb upgrades. Pot Suite Inc $15,000/mo, Pot Total Inc approx, $360,000+/yr; Cap Rate 5.3%, Seller may carry VTB 1st Mtg. Superb Downtown Loc, New City Granville St Plan https://vancouver.ca/news-calendar/get-ready-for-a-new-granville-street.aspx - A fabulous future! Showings 2 day notice by Appt. Call LS info pkg. Showing Mon Jun 5 @ 1:30pm by Appt must confirm.
MLS® Number C8050909