
Wow! An Excellent opportunity to acquire a free-standing commercial building in popular Victoria Drive Neighbourhood in Central Vancouver East. Solid 2 storey property with 3 retail/commercial units on the ground floor and 4 spacious one bedroom suites on the 2nd floor. Built in 1989, torch-on roof replaced on 2005, 50' X 113' level lot and C-2 Commercial Zoning. The current under-market rents presents a great potentials for rental upside on the overall income revenue. The Bonus: Future development potential of a 4-storey mixed-use building to a maximum of 2.5 FSR density and approx. 14,125sf of buildable area or a 6-storey mixed-use rental development with an even higher buildable area. Please confirm with the City on all development potentials. (id:39665)
MLS® Number | C8046480 |
Property Type | Multi-family |
Features | Lane |
Road Type | Paved Road |
Amenities | Street Lighting |
Constructed Date | 1988 |
Fireplace Present | No |
Size Interior | 5600 Sqft |
Acreage | No |
Size Irregular | 5650 |
Size Total | 5650 Sqft |
Size Total Text | 5650 Sqft |
Zoning Description | C-2 |
Electricity | Available |
Water | At Lot Line |
Natural Gas | Available |
Sewer | Available |
https://www.realtor.ca/real-estate/24850089/5330-victoria-drive-vancouver
Enjoy serenity of Deering Bay whole day from this…
825,000$
Spacious and fabulous home in prime location. This exec...
4,750$ Monthly
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)