$10,700,000
2947 GRANVILLE STREET
Vancouver, BC
About this property
5.1% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. (id:66946)
Features
Listing courtesy of TRG Commercial Realty Ltd.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.