1130 Granville Street Vancouver, British Columbia V6Z 1L8
$7,250,000
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!!! (id:46227)
Property Details
| MLS® Number | R2878823 |
| Property Type | Single Family |
| Amenities Near By | Recreation, Shopping |
| Features | Central Location |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 6 |
| Amenities | Laundry - In Suite |
| Appliances | All |
| Basement Development | Unknown |
| Basement Features | Separate Entrance |
| Basement Type | Unknown (unknown) |
| Constructed Date | 1910 |
| Size Interior | 10426 Sqft |
Land
| Acreage | No |
| Land Amenities | Recreation, Shopping |
| Size Irregular | 3000 |
| Size Total | 3000 Sqft |
| Size Total Text | 3000 Sqft |
https://www.realtor.ca/real-estate/26846040/1130-granville-street-vancouver
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May 04 2024 03:50:21
Real Estate Board Of Greater Vancouver
Exp Realty