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1181 DAVIE Street in Vancouver: West End VW Office for sale (Vancouver West) : MLS(r) # C8011972

1181 DAVIE Street Vancouver V6E 1N2 : West End VW

$20,800,000
Prop. Type:
Office, Retail
MLS® Num:
C8011972
Status:
Active
Build. Type:
Freestanding
Vancouver is pleased to present the opportunity to acquire 1181 & 1191 Davie Street, two prominent mixed-use retail/office buildings with redevelopment potential, centrally located in the vibrant and densely populated Davie Village (West End, Downtown Vancouver). This corner property offers prime frontage on both Davie Street and Bute Street. Situated adjacent to the world-famous Rainbow Crosswalk, the Properties boast an excellent mix of national and regional retail and office tenants that cater to the local residents and visitors in the area. The Properties are 100% leased and offer a 2.70% cap rate on existing Net Operating Income.
Sale Type:
Asset
Property Type:
Office, Retail
Construction:
Concrete Block
Building Type:
Freestanding, Low Rise (2-4 stories), Mixed Use
Total Floor Area:
Switch units of measure12,624 sq. ft.
Land Use/Zoning:
C5
Taxes:
$138,182.23 / 2016
Env Assmt Phase:
Phase/Stage 2
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by CBRE Limited
Listing information last updated on 28-Jun-2017 3:38 AM
RAYMOND LEUNG

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