Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans roughly 12,000 sft of mixed-use space, combining the charm of vintage aesthetics with modern potential. It features original handmade brick walls, hardwood floors, and high ceilings ranging from 12 to 16 feet, perfect for a variety of business ventures.The building houses 2 commercial spaces and 6 residential units (4 2-beds and 2 1-bedr apartments). With significant changes on the horizon for Granville Street and developments like 717 Davie spotlighting this area, 1130 Granville stands as a focal point for renewed tourism and business interest. Although the main and basement levels remain vacant, the easing of licensing rules create a compelling investment opportunity. Priced at a proposed $7.25 million with a minimum projected cap rate of 7% at full occupancy. SOLD AS IS WHERE IS. Don't miss this!!!
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Vancouver
- Bedrooms:
- 6
- Full Bathrooms:
- 12
- Neighborhood:
- Downtown VW
- Area:
- Vancouver West
- Province:
- BC
- MLS® Number:
- R2878823
- Added On:
- May 03, 2024
- Listing Price:
- $7,250,000
- Taxes:
- $30,377
General Information
- Year Built:
- 1910
- Flr Area Fin - Total:
- 10426 ft2
- Floor Area Finish - Main Floor:
- 2620 ft2
- Tax Year:
- 2023
- Lot Size (sqft):
- 3000.00 ft2
- Lot Size (Acres):
- 0.07
- Total Square Feet:
- 10426ft2
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