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1130 GRANVILLE STREET
Vancouver British Columbia V6Z1L8 Canada

$7,250,000

Active Listing ID R2878823
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6 bed
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10,426 square feet
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12.00 Bath
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Single Family

$7,250,000

Active Listing ID R2878823
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1130 GRANVILLE STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 5:19:16 PM GMT
Source Updated Date: 11/22/2024 10:09:03 PM GMT

Courtesy of: Yashar Yousef, Personal Real Estate Corp, eXp Realty