Corbel Commercial is pleased to present an exceptional opportunity to acquire a free standing 3-storey, mixed use asset located at 1033 Granville Street in Downtown Vancouver, priced to sell with a new $745,000 price reduction. The subject property is comprised of 3 fully leased Commercial Restaurant/Retail units on the main floor plus 8 massive, 3-bedroom, fully refurbished character residential units on floors 2 and 3. The building has undergone a substantial renovation to …include new glass retail storefronts, upgraded building systems, 3 commercial grade venting systems for commercial kitchens, and fully restored, character residential, market rental units above, centrally located in the heart of the Granville Entertainment District. At an approx. 5.34% Cap Rate, this is an excellent income generating investment with huge potential redevelopment opportunities in the future. Please contact the listing agent for further details.
Listed by Corbel Commercial Inc..