5330 VICTORIA Drive
Victoria VE
Vancouver
V5P 3V7
$4,800,000
Multi-Family Commercial, Retail
- Prop. Type:
- Multi-Family Commercial, Retail
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.
Listed by RE/MAX REAL ESTATE SERVICES
Data was last updated February 9, 2023 at 04:40 AM (UTC)
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