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Strategically Located Point Grey Development Site
4519 West 10th Avenue, Vancouver, BC V6R 2J2Description
Address
4519 West 10th Avenue, Vancouver, BC V6R 2J2
The Opportunity
Lee & Associates Vancouver is pleased to present the opportunity to acquire 4519 West 10th Avenue (the “Property”), a C-2 zoned site located in the heart of Vancouver’s prestigious Point Grey neighbourhood. The Property offers exceptional development potential with spectacular views of the North Shore Mountains. The site is optimally located in heart of the Point Grey commercial node directly adjacent to BentallGreenOak’s development site at 4545 West 10th.
The Location Overview
The property is located on the north side of West 10th Avenue between Sasamat and Tolmie Streets in the Point Grey Village shopping district. The location and area provides easy access to Downtown Vancouver and the University of British Columbia and is home to boutiques, restaurants, and professional services for the affluent locals and university students alike. Area tenants include branches of all major banks, Burgoo, Home Hardware, Lifelabs, and more.
Investment Highlights
- High-profile location with development potential for a mid-rise project with spectacular mountain views
- Desirable C-2 zoning
- Strategically located adjacent to a development site at 4545 West 10th
- Long-term tenants with strong holding income prior to redevelopment
- 55’ feet of frontage along West 10th Avenue
- Environmental reports available
Details
Price: $ 5,300,000.00Property Size: 6,325 SF
Lot Size: 6,325 SF
Property Type: Development, Investment, Land
Property Status: For Sale
Zoning: C-2
FSR: 2.5
Property Taxes: $36,146.60 (2024)
Year Built: 1915