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1775 NANAIMO STREET
Grandview Woodland Vancouver V5N 5C1

$3,598,000
Commercial

Main Photo: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 1: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 2: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 3: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 4: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 5: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 6: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 7: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Photo 8: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
Status:
Sold
Prop. Type:
Commercial
MLS® Num:
C8053978
Sold Date:
Oct 26, 2023
Build. Type:
Freestanding
Large corner investment/holding property available within the 'Grandview Woodland Community Plan - Nanaimo.' Lot Size: 61' X 97.6' = 5,953.60 sf. Great mixed-use strata/rental development potential, with building height up to 6 storey & density up to 3.4 FSR. Beautiful city views on higher floors as it sits on elevated land. Ability to build without purchasing any adjacent property unlike other properties within the area. No costly residential rental relocation concerns as required by City of Vancouver as this property is commercial & not residential. Moreover, current commercial tenant (medical) is flexible in vacating immediately or may sign a short-term triple net lease while developer is getting permits reducing holding costs. This property may qualify with the CMHC Rental Construction Financing criteria for "low cost" Rental building construction funding. Please confirm with the City of Vancouver regarding all allowable redevelopment potentials and CMHC about the "low cost" Rental Construction Financing.
Price:
$3,598,000
Property Type:
Commercial
MLS® Num:
C8053978
Status:
Sold
Lot Size::
61' X 97.6' = 5,953.60 sf
Zoning::
C-1 Commercial
Official Community Plan::
Grandview Woodland Community Plan - Nanaimo
Redevelopment Potential::
Mixed use Strata/Rental Developments, Up to 6 Storey, Density up to 3.4 FSR
  • Photo 1: 1775 NANAIMO STREET in Vancouver: Grandview Woodland Commercial Land for sale (Vancouver East)  : MLS®# C8053978
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Listed by RE/MAX Real Estate Services
Data was last updated April 25, 2025 at 09:35 AM (UTC)
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