CBRE Limited is pleased to present a rare 15,821 square foot development site with solid existing income, located in Coal Harbour at 1199 West Pender Street (“Subject Property”), in downtown Vancouver. The Subject Property boasts a total of nine floors, comprising of fully leased ground floor retail spaces (including AAA tenants such as 711 and Panago) and eight floors of office spaces with a total leasable area of approximately 75,000 square feet. This desirable building presents stable income with potential tower redevelopment when desired. Strategically positioned on a corner lot with frontage along West Pender, Bute, and West Hastings. Located at the edge of the Financial District within Coal Harbour, with waterfront to its north, Stanley Park to its west, West Georgia (Highway 99) to its south. Highly walkable with numerous amenities only blocks away including the Seawall, parks, shopping and restaurants, and seamless accessibility towards major arterial roads and the Lions Gate Bridge, numerous transit lines and the Burrard Street SkyTrain Station.