A development site on Vancouver’s Westside has sold for $22.5 million, William Wright Commercial reports.
The property includes a general commercial building with a strong tenant mix and underground. There is potential to develop up to 65,000 square feet through rezoning, and reap the benefits of unobstructed views of downtown Vancouver. The neighborhood counts Whole Foods, Winners, Home Sense and Home Depot as tenants. The site is in close proximity to the Broadway-City Hall Canada Line SkyTrain station.
The property is located at 901 W Broadway, Vancouver.
Breakdown:
Price: $22,500,000
Lot Size: 11,700 SF
Property Type: Land
Zoning: C-3A
2016 B.C. Assessment Value: $19,198,300
City: Vancouver
Province: B.C.
Name of Brokerage: William Wright Commercial
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