1130 GRANVILLE STREET, Vancouver

2024-05-03
 

Quick Summary

Location
1130 GRANVILLE STREET, Vancouver, British Columbia V6Z1L8
Price
$7,250,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
10426ft2
Bedrooms:
6
Bathrooms:
12
Year of Construction:
1910

MLS®#R2878823

Property Description

Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans roughly 12,000 sft of mixed-use space, combining the charm of vintage aesthetics with modern potential. It features original handmade brick walls, hardwood floors, and high ceilings ranging from 12 to 16 feet, perfect for a variety of business ventures.The building houses 2 commercial spaces and 6 residential units (4 2-beds and 2 1-bedr apartments). With significant changes on the horizon for Granville Street and developments like 717 Davie spotlighting this area, 1130 Granville stands as a focal point for renewed tourism and business interest. Although the main and basement levels remain vacant, the easing of licensing rules create a compelling investment opportunity. Priced at a proposed $7.25 million with a minimum projected cap rate of 7% at full occupancy. SOLD AS IS WHERE IS. Don't miss this!!! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Recreation, Shopping

Building

  • Amenities: Laundry - In Suite
  • Appliances: All
  • Basement Development: Unknown
  • Basement Features: Separate entrance
  • Basement Type: Unknown (Unknown)
  • Fireplace: No
  • Interior Size: 10426 sqft

Features

  • Feature: Central location

Land

  • Land Size: 3000 sqft

Ownership

  • Type: Freehold

Information entered by eXp Realty
Listing information last updated on: 2024-05-04 03:50:21


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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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