- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- C8066109
- Build. Type:
- Freestanding
- Photos (4)
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Prime Development Opportunity on Kingsway – Investors & Developers Take Note! Seize this exceptional opportunity to acquire a high-exposure C-2 zoned property in one of Vancouver’s most dynamic corridors! Located directly across from Kensington Gardens by Westbank, this 50' x 115' lot offers incredible potential for development or long-term investment. C-2 Zoning – Build up to 2.45 FSR (subject to City of Vancouver approval) Strategic Location – High-visibility site with excellent foot and vehicle traffic Versatile Investment – Develop, lease, or hold for future appreciation With demand for mixed-use developments on the rise, this is your chance to capitalize on a high-growth area with strong rental and commercial demand. Act Now! Opportunities like this don’t last long. Contact us today for more details!
- Sale Type:
- Asset
- Property Type:
- Commercial Sale
- Commercial Type:
- Multi Family
- Business Name:
- na-tenanted
- Construction:
- Frame Wood
- Num Storeys:
- 1
- Building Type:
- Freestanding
- # Units Total:
- 0
- # Other Units:
- 0
- # of Apartments:
- 0
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 0
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1980 (Age: 45)
- Living Area:
- 2,200 sq. ft.
- Subject Property Depth:
- 115'1"
- Subject Property Width:
- 50'
- Title to Land:
- Freehold
- Lot Area:
- 5,662.8 sq. ft.
- Current Use:
- Other
- Zoning:
- C-2 COMMERCIAL
- Potential to Redevelop:
- Potential for a multi-family mix use., No
- Road Frontage:
- Lane
- Heating:
- Electric, None
- Cooling:
- Electric, None
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Natural Gas Connected, Phone Connected, Street Lighting, Sanitary sewer at LotLine
- Sewer:
- Public Sewer
- Env Assmt Comment:
- Phase 1
- Parcel Number:
- 007041411
- Taxes:
- $41,333 / 2023
- Storefront
- No
- 3.2%-$100,000; 1.16% BALANCE
- None Known
- Yes
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Other
- Potential to Redevelop:
- Potential for a multi-family mix use., No
- Env Assmt Phase:
- Yes
- Cap Rate %:
- 0.0
- Gross Income:
- 0.0
- Oper. Expenses:
- 0.0
- Other Income:
- $0
- Effective Gross Income:
- $0
- Net Operating Income:
- $0
- Original Price:
- $4,300,000
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Listed by Macdonald Realty Westmar
Data was last updated April 3, 2025 at 07:40 PM (UTC)
- EMMA CO *PREC
- MACDONALD REALTY WESTMAR
- 1 (604) 6183888
- eccorealty@gmail.com
MacDonald Realty
#203 - 5188 Westminster Hwy
Richmond, BC V7C 5S7