2762 Granville St - Storefront FOR SALE


Vancouver, BC V6H 3J3
$6,888,000 CAD
604-675-5252
2762 Granville St, Vancouver, BC for Sale
$6,888,000 CAD
Storefront - FOR SALE
1/7
null | Request Cap Rate

2762 Granville St
Vancouver, BC V6H 3J3


HIGHLIGHTS

  • Landmark retail building boasting a unique facade and dramatic glazing.
  • Near corner of Granville St & W 12th Ave:steps to numerous restaurants, fashion boutiques, furniture stores, art galleries, The Stanley Theatre & more
  • 300m away from the future South Granville Station on the Millennium Line Broadway Subway Project extension (est opening 2027).
  • Notable tenant, Gryphon Living, is currently occupying the building with stable rent escalations in place throughout the term.
  • Notable tenant, Gryphon Living, is currently occupying the building with stable rent escalations in place throughout the term.
  • C-3A zoning allows for a maximum floor space ratio of 3.00. As such, the Property benefits from longterm development potential.

OVERVIEW

A rare opportunity to purchase a prime commercial real estate asset located along Granville Street, 2762 Granville Street (the “Property”) is a two storey retail building situated in the heart of Vancouver’s South Granville shopping district. The Property comprises 3,934 SF of leasable area situated on 3,240 SF of land. Fully leased to Gryphon Living, a local, art-focused developer, the Property has steady income in place until February 2029.

FOR SALE DETAILS

PRICE

$6,888,000 CAD

PRICE/SF

$1,751 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,240 SF

ZONING

C-3A

APN/PARCEL ID

004-677-366

ASK ABOUT THIS PROPERTY

Mario NegrisCBRE, LimitedMore Info
604-675-5252

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Mario NegrisCBRE, LimitedMore Info
604-675-5252

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