3066 Arbutus Street, Kitsilano, Vancouver

$6,800,000 |   MLS® Number  C8065652

Office for sale in Kitsilano, Vancouver, Vancouver West, 3066 Arbutus Street, 224970721 | Realtylink.org

Office for sale

Year Built
1978
Floor Area
6,311 sqft
Lot Size
6,938 sqft
Gross Property Tax
$74,691.20 /year
Zoning
C-2
# of Parking Spaces
12
Subject Property Width
56 ft
Subject Property Depth
125 ft
88

Located in the highly sought-after Arbutus Ridge neighbourhood on Vancouver's west side, 3066 Arbutus Street encompasses an attractive retail/office owner-user opportunity with future development upside and prime Arbutus Street frontage. The Property consists of 6,311 sf of building area over 2 storeys on a 6,938 sf parcel of land. Dual frontage onto both Arbutus Street (125 feet) and the Arbutus Greenway (125 feet) allows for excellent site accessibility and the opportunity to activate the frontage with retail through development. The Property is currently 100.0% leased with lease expirations of June 2025 (2nd floor) and November 2027 (1st floor) allowing for a phased owner-user occupancy. Current zoning is C-2 Commercial allowing for 3.50x FSR of mixed-use rental up to 6 storeys or 2.50x of mixed-use strata development up to 4 storeys with no rezoning required.