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in Vancouver: Mount Pleasant VW Land Commercial for sale (Vancouver West) : MLS®# C8059195

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Main Photo: in Vancouver: Mount Pleasant VW Land Commercial for sale (Vancouver West) : MLS®# C8059195
$38,959,800
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8059195
Status:
Active
Build. Type:
Freestanding
This investment opportunity presents a remarkable proposition for owner-users, investors, and developers. With direct access to the Canada Line Skytrain, the property offers unparalleled convenience and connectivity. Additionally, its fully leased status provides strong holding income, while the potential for density entitlement through the Broadway Plan promises further upside. Situated on the corner of West Broadway and Alberta Street, in the Mount Pleasant neighborhood of Vancouver. The property holds immense potential for future development and value appreciation. Furthermore, the possibility of assembling neighboring properties only adds to its allure, making it a truly compelling investment opportunity.
Sale Type:
Asset
Building Type:
Freestanding, Mixed Use, Street-Level Storefront
Name of Complex/Subdivision:
# Other Units:
Year built:
1948 (Age: 76)
Lot Area:
Switch units of measure11,393 sq. ft.
Acres Freehold:
Switch units of measure11,325.6 sq. ft.
Land Use/Zoning:
C-3A
Permitted Use:
Other
Taxes:
$119,233.9 / 2023
Services Connected:
Electricity
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
Listed by RE/MAX Crest Realty
Data was last updated May 21, 2024 at 09:10 AM (UTC)
RAYMOND LEUNG
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.