2947 Granville Street, Vancouver, British Columbia V6H 3J6

Listed for:
$10,700,000
0 beds
0 baths
Listed 64 days ago
2947 Granville Street, Vancouver, British Columbia V6H 3J6

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About

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:27476)

Property Highlights

MLS® Number
C8079808
Type
Retail
Land Size
6480 sqft

Building

Square Footage
12956 sqft
Amenities
Street Lighting
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
TRG Commercial Realty Ltd.
MLS® number:
C8079808
Agent:
Chris Tsoromocos
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Street Spotlight - For sale