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-beds and 2 1-bedr 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. Although the main and basement levels remain vacant, the easing of licensing rules create a compelling investment opportunity. Priced at a proposed $7.25 million with a minimum projected cap rate of 7% at full occupancy. SOLD AS IS WHERE IS. Don't miss this!!! (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