Property Description

1130 Granville Street, EXCEPTIONAL OPPORTUNITY AT AN UNBEATABLE PRICE to acquire a 4 lvl, 12,000 SF character mixed-use bldg on a 25´ x 120´ lot in the heart of Vancouver´s Entertainment District, offered at an unbeatable price. Prime DT location with 2 flrs of commercial/retail plus 2 upper flrs with 6 residential units, all within one of the city´s most vibrant and evolving corridors. Excellent exposure, heavy pedestrian & vehicular traffic, and surrounded by restaurants, hotels, towers, transit & nightlife. Tremendous hold income potential with projected earnings of approx $480,000/yr, translating to an almost 10% cap rate. Endless upside for investors, owner-users or developers seeking a premier Granville Street asset with future redevelopment potential, including possible higher FSR subject to City approval. Property sold strictly as is, where is. PRICED TO SELL, this will not last long. Enquire Today. (id:48970)