5330 Victoria Drive Vancouver, British Columbia V5P 3V7
$4,800,000
Wow! An Excellent opportunity to acquire a free-standing commercial building in popular Victoria Drive Neighbourhood in Central Vancouver East. Solid 2 Storey property with 3 retail/commercial units on the ground floor and 4 spacious one-bedroom suites on the 2nd floor. Built in 1989, torch-on roof replaced on 2005, 50' X 113' level lot and C-2 Commercial Zoning. The current under-market rents present a great potential for rental upside on the overall income revenue. *Bonus: Future development potential of a 4-storey mixed-use building to a maximum of 2.5 FSR density and approx. 14,125sf of buildable area or a 6-storey mixed-use rental development with an even higher buildable area. Please confirm with the City of Vancouver on all development potentials. (id:48440)
Property Details
| MLS® Number | C8046480 |
| Property Type | Multi-family |
| Features | Lane |
| Road Type | Paved Road |
Building
| Amenities | Street Lighting |
| Constructed Date | 1988 |
| Size Interior | 5600 Sqft |
Land
| Acreage | No |
| Size Irregular | 5650 |
| Size Total | 5650 Sqft |
| Size Total Text | 5650 Sqft |
| Zoning Description | C-2 |
Utilities
| Electricity | Available |
| Water | At Lot Line |
| Natural Gas | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/24850089/5330-victoria-drive-vancouver
Lambert Ma
Associate Broker
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February 14 2023 08:53:12
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