314 W 12TH Avenue
Mount Pleasant VW
Vancouver
V5Y 1V2
$3,498,000
Land Commercial
- Status:
- Active
- Prop. Type:
- Land Commercial
- MLS® Num:
- C8060274
- Photos (20)
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An exceptional opportunity to acquire two consecutive 50'x125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue are currently held as long term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver and 150' of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties!
- Sale Type:
- Asset
- Name of Complex/Subdivision:
- Signup
- # Other Units:
- Signup
- Year built:
- 1944 (Age: 80)
- Total Floor Area:
- 1,645 sq. ft.153 m2
- Main Floor Area:
- 1,645 sq. ft.153 m2
- Lot Area:
- 6,250 sq. ft.581 m2
- Acres Freehold:
- 6,098 sq. ft.567 m2
- Lot Depth:
- 125
- Lot Frontage:
- 50'15.2 m
- Land Use/Zoning:
- RT-6
- Permitted Use:
- Multifamily (5+), Residential
- Taxes:
- $7,293.49 / 2023
- Services Connected:
- Electricity, Garbage Collection, Lane, Lane Paved, Paved Streets
- Water Supply:
- Municipal
- Roof:
- Signup
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- Yes
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Listed by RE/MAX Select Properties and RE/MAX Crest Realty
Data was last updated November 21, 2024 at 02:10 PM (UTC)
- KENNY PAPPAS
- AMEX BROADWAY WEST REALTY
- 1 (604) 7677867
- Contact by Email
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