Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 12956

Square Footage 12,956 sqft

Price per Sqft $825

MLS® Listing ID C8079808

Year Built 1940

Lot Size 6,480 Sqft

Acres 6480.0

Property Description

5.1% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Listed by TRG Commercial Realty Ltd.

2947 GRANVILLE STREET Vancouver, BC V6H3J6

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Nader Bakhoum,PMP, P.Eng.

Key Details

Location

Rooms

Exterior

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2947 GRANVILLE STREET