2947 Granville Street Vancouver, British Columbia V6H 3J6

12,956 ft2

$10,700,000

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:64865)

Property Details

MLS® Number C8079808
Property Type Retail
Features Disabled Access, Lane
Road Type Paved Road

Building

Amenities Street Lighting
Constructed Date 1940
Size Interior 12,956 Ft2

Land

Acreage No
Size Irregular 6480
Size Total 6480 Sqft
Size Total Text 6480 Sqft
Zoning Description C3a

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/29939853/2947-granville-street-vancouver

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