Retail for sale

1082 Granville Street, Downtown VW, Vancouver

$6,599,000 or
$6,599,000 or

Retail for sale

1082 Granville Street, Downtown VW, Vancouver

Features

Lifestyle
224951057 6599000 /en/retail~for-sale~downtown-vw-vancouver/224951057?view=Summary /en/retail~for-sale~downtown-vw-vancouver/224951057/photos 49.2782100000 -123.1240400000 true
Floor Area
5,450 sqft
Lot Size
3,840 sqft
Gross Property Tax
$55,836.10 /year
Building Type
Freestanding, Low Rise (2-4 storeys)
Zoning
DD
Subject Property Width
32 ft
Amenities
Air Conditioning, Cooler(s), Freezer(s), HVAC System, Mezzanine, Washrooms Female/Male
99

Description

Rarely available high-profile freestanding retail building in the heart of the Granville Entertainment District (GED) in Downtown Vancouver. Currently tenanted by Donnellan's Irish Pub, which is one of Granville's most popular Irish bars. This property is perfect for investors and owner-users as the premises has a month-to-month lease. The current lease offers substantial holding income but is leased at below market rents, which creates the perfect opportunity for investors to increase the net income upon a renewal. Centrally located, the property is within 500m of popular destinations such as Good Co. Granville (formerly Colony), The Orpheum, Dublin Calling, Hotel Belmont, The Pawn Shop, Cold Tea and The Mexican Antojitos y Cantina. This property is perfect for transit-oriented customers and long-term redevelopment as it is less than 800m from both Vancouver City Centre and Granville SkyTrain stations.
MLS® Number C8045988

Listing REALTORS®

William Maunsell, REALTOR<sup>®</sup>, Personal Real Estate Corporation

William Maunsell

REALTOR®, Personal Real Estate Corporation

Macdonald Commercial Real Estate Services Ltd.

Kelvin Luk, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Kelvin Luk

REALTOR®, Personal Real Estate Corporation

Macdonald Commercial Real Estate Services Ltd.

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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