1130 Granville Street Vancouver, British Columbia

1130 Granville Street Vancouver, British Columbia

About The Property

Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans 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, this property promises substantial returns for the discerning investor looking to capitalize on Vancouver's Growth.
$7,250,000
Yashar Yousef
Yashar Yousef
Personal Real Estate Corporation
Yashar.yousef@me.com
236-994-4488
eXp Realty
eXp Realty
#1500 - 701 West Georgia Street Vancouver, British Columbia
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*Last Updated:
May 14, 2024

About The Property

Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans 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, this property promises substantial returns for the discerning investor looking to capitalize on Vancouver's Growth.
$7,250,000
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1130 Granville Street Vancouver, British Columbia

FLOOR PLAN

1130 Granville Street Vancouver, British Columbia

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FEATURES & AMENITIES

INTERIOR

total bedrooms
6
total BATHrooms
12
APPLIANCES

AREA & LOT

LIVING AREA
10,426 sqft
MLS® ID
R2878823
TYPE
MultiFamily
YEAR BUILT
1910

EXTERIOR

GARAGE SPACE
PARKING
HEAT TYPE
Radiant
HOA Amenities

FINANCIAL

SALES PRICE
$7,250,000
REAL ESTATE TAX
$695/sqft
HOA FEES
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