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224945712 5298000 /en/multi-family~for-sale~victoria-ve-vancouver/224945712?view=Summary /en/multi-family~for-sale~victoria-ve-vancouver/224945712/photos 49.2365700000 -123.0652600000 true
Gross Property Tax
Low Rise (2-4 storeys), Mixed Use, Commercial Mix
# of Parking Spaces
Subject Property Width
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Suite Mix Information
4 x 1 ½, 3 x Other
Total no. of Units
Wow! An Excellent opportunity to acquire a free-standing commercial building in popular Victoria Drive Neighbourhood in Central Vancouver. Solid 2 storey property with 3 retail/commercial units on ground floor and 4 spacious one bedroom suites on the 2nd floor. Built in 1988, torch-on roof 2005, 50' X 113' lot and C-2 Commercial. The current under-market rents presents a great opportunity for rental upside on the overall income revenue. The Bonus: Future development potential of a 4-storey mixed-use building to a maximum of 2.5 FSR and 14,125sf of buildable density or a 6-storey mixed-use rental development with an even higher buildable density. Please confirm with the City on all development potentials. Approx. Annual Gross Income of $141,524.MLS® Number C8040643
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