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Marpole Freehold Retail Asset with Development Upside
8028 Granville St, Vancouver, BC V6P 4Z4Description
Address
8028 Granville St, Vancouver, BC V6P 4Z4
Opportunity
Lee & Associates Vancouver is pleased to present the opportunity to acquire 8028 Granville Street, a well-maintained one-storey retail building located on Granville Street between West 64th Avenue and West 65th Avenue in Vancouver’s evolving Marpole neighbourhood.
Location
Marpole is a neighbourhood with a mixture of single-family dwellings, low-rise condos, and various degrees of rental accommodation. The Property falls within the Marpole Community Development plan which will be enhanced as a walkable residential area. Upgraded walking and cycling routes will improve mobility and access to parks, community facilities, services, and the Fraser River.
Development Highlights
- Prospective Buyer has the opportunity to owner occupy the building or hand pick tenancies
- Opportunity to assemble and re-zone up to 3.0 FSR, 8-storeys under the Marpole Community Plan
- Opportunity to build up to ~10,215 buildable SF of mixed-use strata lots
- Well maintained retail building, including freshly painted exterior and annual roof inspection and maintenance
