• 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC
  • 1033 Granville Street, Vancouver, BC

14,196 ft²
Retail / Land / Multifamily
$11,750,000
Sale


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Overview: Building Size: +/- 14,196.00 sq. ft. Lot Size: 6,000.00 sq. ft. Asking Price: $11,750,000.00 Zoning: DD THE FEATURES • Free standing three storey mixed use building located in the heart of Downtown Vancouver • Prominent frontage on Granville Street within the Granville Entertainment District • Three fully leased street level restaurant and retail units with commercial grade venting systems • Eight large, fully renovated three bedroom residential rental suites on the upper floors • Substantial building upgrades including new glass retail storefronts and upgraded building systems • Fully refurbished character residential units featuring ensuite laundry, hardwood floors, and upgraded kitchens and bathrooms • Zoned DD Comprehensive Development offering long term redevelopment potential • Strong in place income with triple net commercial leases and built in rental escalations • Full market residential rents currently in place • Assumable below market financing providing enhanced cash flow and return potential • Centrally located with excellent access to Downtown, Yaletown, West End, and major transit routes • Surrounded by high density residential, entertainment venues, retail, and proposed hotel developments driving sustained pedestrian traffic Contact Corbel Office: 604-609-0882


The Property
Asking Price$11,750,000
Available Space14,196 ft²
Floor3
Property UseInvestment property / Vacant or owner user
MLS® ID--
ZoningDD
Frontage50'0"
SourceDirect

24hr Access
Air Conditioning
Base Building
Bike Friendly
Bus Line
Central Heating
Emergency Lighting
Kitchen Facilities
Natural Light
View

The Lot

Granville Entertainment District is nestled in the heart of downtown Vancouver, connecting you to other iconic streets in Vancouver including Georgia, Robson, and Davie Street. Along its vibrant path, you'll discover a tapestry of notable landmarks, including the Vogue and Orpheum theaters, renowned for their captivating performances. The district is also famous for its wide variety of bars, restaurants, shops, and nightlife, with popular destinations like The Roxy, Aura Nightclub, The Vogue Theatre, and The Commodore Ballroom. Several large-scale residential and commercial developments, and hotels in the immediate area including the Rolston by Rize Alliance, The Standard by BlueSky, The Manulife Financial Tower, Hotel Belmont MGallery and Chateau Granville are all located steps from the subject property. Additionally, the proposed landmark 800 Granville Street project by Bonnis Properties, featuring 16-storeys consisting of 420,000 sq ft of office space within the upper levels, 103,000 sq ft of retail and restaurant space in the first three floors, and 90,000 sq ft of new and retained cultural and entertainment spaces is located 2 blocks north of 1033 - 1039 Granville Street, strategically placing this asset in an already established, yet continually emerging downtown location with exceptional pedestrian traffic.

Property TypeRetail / Land / Multifamily
Floors3
Building Size14,196 ft²
Lot Size6,000 ft²
MLS® ID--
ZoningDD
Frontage50'0"

24hr Access
Air Conditioning
Base Building
Bike Friendly
Bus Line
Central Heating
Emergency Lighting
Kitchen Facilities
Natural Light
View
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