1130 Granville Street, Vancouver, British Columbia V6Z 1L8

Listed for:
$5,750,000
6 beds
12 baths
Listed 6 days ago
1130 Granville Street, Vancouver, British Columbia V6Z 1L8

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Listing provided by:
Real Broker
MLS® number:
R2878823
Agent:
Yashar Yousef
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About

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-bed and 2 1-bed 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. The main level is currently leased while the basement remains vacant, and the landlord has intentionally kept most residential units vacant to allow a smoother turnover for prospective buyers. With the price now adjusted to $5.75 million and a minimum projected cap rate of 7% at full occupancy, this is a compelling investment opportunity. SOLD AS IS. (id:27476)

Property Highlights

MLS® Number
R2878823
Type
Single Family
Ownership Type
Freehold
Land Size
3000 sqft

Building

Square Footage
10426 sqft
Bathrooms Total
12
Bedrooms Total
6
Amenities
Laundry - In Suite Recreation, Shopping
Fireplace Present
No
Basement Type
Unknown (Unknown)
Basement Features
Separate entrance
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Street Spotlight - For sale