Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans roughly 12,000 sft of mixed-use space, combining the charm of vintage aesthetics with modern potential. It features original handmade brick walls, hardwood floors, and high ceilings ranging from 12 to 16 feet, perfect for a variety of business ventures. The building houses 2 commercial spaces and 6 residential units (4 2-bed and 2 1-bed apartments). With significant changes on the horizon for Granville Street and developments like 717 Davie spotlighting this area, 1130 Granville stands as a focal point for renewed tourism and business interest. The main level is currently leased while the basement remains vacant, and the landlord has intentionally kept most residential units vacant to allow a smoother turnover for prospective buyers. With the price now adjusted to $5.75 million and a minimum projected cap rate of 7% at full occupancy, this is a compelling investment opportunity. SOLD AS IS. (id:58426)
| MLS® Number | R2878823 |
| Property Type | Single Family |
| AmenitiesNearBy | Recreation, Shopping |
| Features | Central Location |
| BathroomTotal | 12 |
| BedroomsTotal | 6 |
| Amenities | Laundry - In Suite |
| Appliances | All |
| BasementDevelopment | Unknown |
| BasementFeatures | Separate Entrance |
| BasementType | Unknown (unknown) |
| ConstructedDate | 1910 |
| SizeInterior | 10426 Sqft |
| Acreage | No |
| LandAmenities | Recreation, Shopping |
| SizeIrregular | 3000 |
| SizeTotal | 3000 Sqft |
| SizeTotalText | 3000 Sqft |
https://www.realtor.ca/real-estate/26846040/1130-granville-street-vancouver
Contact us for more information
Yashar Yousef
Personal Real Estate Corporation
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