1476 W 8th Ave - Office FOR SALE


Vancouver, BC V6H 1E1
$16,750,000 CAD
604-687-7331
1476 W 8th Ave, Vancouver, BC for Sale
$16,750,000 CAD
Office - FOR SALE
1/1
null | 3% Cap Rate

1476 W 8th Ave
Vancouver, BC V6H 1E1


HIGHLIGHTS

  • Best location in the South Granville/West Broadway area
  • Directly adjacent to the Property will meet unlimited demand from future tenants and users
  • Flexible current zoning and future up-zoning/ increase in density
  • Providing pride of ownership & quality of construction ensures negligible maintenance
  • With $50B in equity, Ivanhoe Cambridge is among the elite of national tenants, offering a level of incomparable security
  • Launchtrip head office is currently occupying the 1st & 2nd floors. DUER head office is currently occupying the 3rd & 4th floors

OVERVIEW

Avison Young is pleased to present the opportunity to acquire a 100% freehold interest in 1476 West 8th Avenue, Vancouver, BC (the “Property”). Prominently situated one block from the corner of West Broadway and Granville Street, the fully stabilized Property consists of 14,393 sf and is one of the most prestigious new concrete buildings in the South Granville area. The Property allows an investor to secure a rarely available freestanding office building with significant up-zoning potential due to flexible C3-A zoning, and being directly adjacent to the upcoming Granville SkyTrain Station.

FOR SALE DETAILS

PRICE

$16,750,000 CAD

PRICE/SF

$1,164 CAD /SF

CAP RATE

3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,748 SF

ZONING

C-3A

APN/PARCEL ID

023-911-581

ASK ABOUT THIS PROPERTY

Struan SaddlerAvison YoungMore Info
604-687-7331

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Struan SaddlerAvison YoungMore Info
604-687-7331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.