Other Property for sale

1130 Granville Street, Downtown VW, Vancouver

$7,250,000 or
$7,250,000 or

Other Property for sale

1130 Granville Street, Downtown VW, Vancouver

Features

Lifestyle
24 rooms
6 bedrooms
12 bathrooms
262900450 7250000 /en/other-plex~for-sale~downtown-vw-vancouver/262900450?view=Summary /en/other-plex~for-sale~downtown-vw-vancouver/262900450/photos 49.2777600000 -123.1250600000 true
Style
4 Level Split, 3 Storey W/Bsmt.
Year Built
1910
Floor Area
10,426 sqft
Lot Size
3,000 sqft
Amenities
In Suite Laundry
Property Taxes
$30,376 (2023)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW
98

Description

Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans roughly 12,000 sft of mixed-use space, combining the charm of vintage aesthetics with modern potential. It features original handmade brick walls, hardwood floors, and high ceilings ranging from 12 to 16 feet, perfect for a variety of business ventures.The building houses 2 commercial spaces and 6 residential units (4 2-beds and 2 1-bedr apartments). With significant changes on the horizon for Granville Street and developments like 717 Davie spotlighting this area, 1130 Granville stands as a focal point for renewed tourism and business interest. Although the main and basement levels remain vacant, the easing of licensing rules create a compelling investment opportunity. Priced at a proposed $7.25 million with a minimum projected cap rate of 7% at full occupancy. SOLD AS IS WHERE IS. Don't miss this!!!
MLS® Number R2878823

Listing REALTOR®

Yashar Yousef, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Yashar Yousef

REALTOR®, Personal Real Estate Corporation

eXp Realty

eXp Realty,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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