8091 Capstan Way

$28,000,000 |   MLS® Number  C8074050

Commercial Land for sale in West Cambie, Richmond, Richmond, 8091 Capstan Way, 224979119 | Realtylink.org

Commercial Land for sale

Lot Size
46,409 sqft
Gross Property Tax
$187,800 /year
Zoning
RCL5
Permitted Land Use
Mixed Use, Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
69

Cushman & Wakefield ULC (“C&W”) is pleased to present for sale on behalf of MNP Ltd. (the “Receiver”) a 100% interest in the 8091 Capstan Way, Richmond, BC (the “Property”). The Property features 1.065 acres of lot area and has been entitled for 169,390 sq. ft. of mixed-use density inclusive of residential condo, hotel, and ground floor retail. Strategically located in the heart of Richmond steps away from the Canada Line’s Capstan Station, the Property offers unique development scale, riverfront views, and highly accessible amenities. The Property has been successfully rezoned to RCL5 permitting a 3.65x FAR and had a Development Permit issued in 2021 permitting 72 hotel suites, 128 market strata dwelling units, 9 affordable rental units, and 8,240 sq. ft. of ancillary commercial space. This is an exceptional opportunity to acquire a de-risked turnkey development site of scale in one of Metro Vancouver’s most transit-oriented locations.