2928 Granville Street

$5,499,000 |   MLS® Number  C8073900

Retail for sale in Fairview VW, Vancouver, Vancouver West, 2928 Granville Street, 224978969 | Realtylink.org

Retail for sale

Year Built
1912
Floor Area
7,268 sqft
Lot Size
3,241 sqft
Gross Property Tax
$60,998.10 /year
Building Type
Freestanding, Commercial Mix, Street-Level Storefront
Zoning
C-3A
Subject Property Width
27 ft
Subject Property Depth
120 ft
Amenities
Air Conditioning, Storefront, Washrooms Female/Male
98

OWNER-USER/INVESTMENT OPPORTUNITY - Rare opportunity to acquire a 7,268 square foot, freestanding building along the prestigious South Granville retail strip home to luxury retailers such as Restoration Hardware, Pottery Barn and high-end boutiques and restaurants. There is an immediate opportunity to occupy 2,518 SF on the 2nd floor of the building, which has recently undergone renovations and was last used as an art gallery space. The main floor is currently occupied by Henry's Camera, who have entered into a short term lease, but may be willing to stay long term. The main & 2nd Fl combined total 5,718 SF of useable area making the price $962 per leasable SF. The basement adds an additional 1,484 SF and was recently renovated and is very usable space. When fully leased at market rates, this property is projected to achieve a 5% cap rate.