314 W 12th Avenue Vancouver, British Columbia V5Y 1V2
$3,498,000
An exceptional opportunity to acquire two consecutive 50'x125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue are currently held as long term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver and 150' of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties! (id:46227)
Property Details
| MLS® Number | C8060274 |
| Property Type | Vacant Land |
| Features | Lane |
| Road Type | Paved Road |
Building
| Constructed Date | 1944 |
| Size Interior | 1645 Sqft |
Land
| Acreage | No |
| Size Irregular | 6250 |
| Size Total | 6250 Sqft |
| Size Total Text | 6250 Sqft |
| Zoning Description | Rt-6 |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/26943771/314-w-12th-avenue-vancouver
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May 25 2024 01:53:31
Real Estate Board Of Greater Vancouver
RE/MAX Select Properties, RE/MAX Crest Realty