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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

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$10,700,000

For Sale
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For Sale

$10,700,000

MLS® C8079808

2947 GRANVILLE STREET

Vancouver, British Columbia, V6H3J6

Interior
12,956 sqft
Property type
Retail
Building
Retail
Year built
1940
Lot size
6480 square feet
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Property facts

Interior
12,956 sqft
Property type
Retail
Building
Retail
Transaction
For Sale
Year built
1940
Lot size
6480 square feet

About this property

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:53361)

Features & details

Fireplace
false
Utilities
Natural Gas, Electricity, Telephone
Zoning
C3A
Tax Year
2025
Lot Features
Disabled Access, Lane
Photos Count
2
Tax Annual Amount
119436
Originating System
Greater Vancouver REALTORS®
Internet Address Display
true

Location

2947 GRANVILLE STREET, Vancouver, British Columbia, V6H3J6

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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 CREA and identify the quality of services provided by real estate professionals who are members of CREA. The listing content is protected by copyright owned by CREA or its member Boards / Associations. Listing data is believed to be reliable but is not guaranteed by CREA or this brokerage.