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Fraser Street retail with redevelopment potential sold

Two buildings with upstairs apartments units sold this month for $4.4 million
fraser st retail
 
Price: $4,400,000
Lot Size: 7,887
Property Type: Retail
Zoning: C-2
2016 B.C. Assessment Value: $4,677,000
Date of Sale: 03/01/2016 
City: Vancouver
Province: B.C. 
Brokerage: Gammon International Real Estate Corp. 
 
Two mixed-use, two-storey retail and residential buildings in Vancouver have sold for $4.4 million, Justin Chiu of Gammon International tells Western Investor. 
 
The buildings are approximately 10,072 square feet and features seven apartment units and three retail spaces. The property has strong redevelopment potential with holding income and was sold in a share sale between private investors. Gammon International acted on behalf of the buyer. 
 
The buildings are located at 6035 Fraser St. and 6045-6051 Fraser St., Vancouver. 
 
 

 

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