604.362.2432

2928 Granville Street, Fairview VW, Vancouver West

$4,998,000

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2928 Granville Street, Fairview VW, Vancouver West
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Features

 
MLS®:C8073900
Type:Retail
Lot Size:3,241 sqft
Taxes:$60998.1
 
Year Built:1912
 

About this Property

 

"About this Retail in Fairview VW, Vancouver West"

 

OWNER-USER/INVESTMENT OPPORTUNITY - Rare opportunity to acquire a 7,268 square foot, freestanding building along the prestigious South Granville retail strip home to luxury retailers such as Restoration Hardware, Pottery Barn and high-end boutiques and restaurants. There is an immediate opportunity to occupy 2,518 SF on the 2nd floor of the building, which has recently undergone renovations and was last used as an art gallery space. The main floor is currently occupied by Henry's Camera, who have entered into a short term lease, but may be willing to stay long term. The main & 2nd Fl combined total 5,718 SF of useable area making the price $962 per leasable SF. The basement adds an additional 1,484 SF and was recently renovated and is very usable space. When fully leased at market rates, this property is projected to achieve a 5% cap rate.

Listed by NAI Commercial.

 
 

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sophia Chea for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

 

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