1130 Granville Street Vancouver, British Columbia V6Z 1L8
$7,250,000
Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans 12,000 sft of mixed-use space, combining the charm of vintage aesthetics with modern potential. It features original handmade brick walls, hardwood floors, and high ceilings ranging from 12 to 16 feet, perfect for a variety of business ventures.The building houses 2 commercial spaces and 6 residential units (4 2-beds and 2 1-bedr apartments). With significant changes on the horizon for Granville Street and developments like 717 Davie spotlighting this area, 1130 Granville stands as a focal point for renewed tourism and business interest. Although the main and basement levels remain vacant, the easing of licensing rules create a compelling investment opportunity. Priced at a proposed $7.25 million with a minimum projected cap rate of 7% at full occupancy, this property promises substantial returns for the discerning investor looking to capitalize on Vancouver's Growth. Don't miss this!! (id:47024)
Property Details
MLS® Number | C8059817 |
Property Type | Multi-family |
Building
Constructed Date | 1910 |
Size Interior | 12000 Sqft |
Land
Acreage | No |
Size Irregular | 3000 |
Size Total | 3000 Sqft |
Size Total Text | 3000 Sqft |
Zoning Description | Dd-downtown District |
https://www.realtor.ca/real-estate/26859400/1130-granville-street-vancouver
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Yashar Yousef
Personal Real Estate Corporation
#1500 - 701 West Georgia Street
Vancouver, British Columbia V7Y 1G5
(833) 817-6506
(833) 817-6506
www.exprealty.com/