Retail for sale
1082 Granville Street, Downtown VW, Vancouver
$6,599,000
Features
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
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