DEAL | This 52-year-old light industrial (I-2) building at 1325 East Pender Street, Vancouver, sold Dec. 7 for $3.6 million, or $678 per square foot. The purchaser took vacant possession of the property, which can accommodate a wide variety of business uses just minutes from downtown and on the key Clark Drive and Hastings industrial routes. The site is an eighth of an acre and able to accommodate an additional storey (subject to municipal approval). Viewed as a development site in the desirable Grandview Woodlands neighbourhood, the sale price works out to $202 per buildable square foot.
PRICE | $3,600,000
FROM | Struan Saddler and Stuart Wright, Avison Young
