2947 GRANVILLE STREET, Vancouver

2026-09-23

2947 GRANVILLE STREET, Vancouver, British Columbia

12956 ft²

For Sale Retail

$9,970,000

MLS®#C8082216

5.51% 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. Good for long term investor, owner-user or developer. (id:32467)

Building	Retail
Rooms
Bedrooms
Bathrooms	0
Square Footage	12956 ft²
Built in	1940
Parking Type
Neighbourhood	Vancouver

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Your One Percent Realty
Commission savings^†

$500,000

^† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Are your listings on MLS® and realtor.ca?

Yes, and yes.

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Ian Bailey

Manager

ibailey@onepercentrealty.com

(604) 551-9467

Support Area:
Vancouver

Ian is the managing broker in the Vancouver Office which services the entire province. If you are a new REALTOR ®, or an existing REALTOR ® looking at new opportunities, give him a call or email. Always looking for new REALTORS ®-give me a call!

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