1940 main street vancouver, bc FOR SALE
1940
main street vancouver, bc
downtown vancouver
c a m b ie
s t. b r id
ge
olympic village Main skytrain station
M ain St
for sale
reet
mixed use development opportunity
Bal Atwal Associate D 604.647.5090 E [email protected]
Robert C. Levine Principal D 604.647.5066 E [email protected]
T EE R ST E LO
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R ST A TI O SC
132ft
E 4 T H AV E N U E
SCOTIA STREET
Opportunity to purchase an exceptional mixed use retail and residential development site on the northeast corner of 4th & Main.
E2
132ft
MAIN STREET
1940
main street vancouver, bc
E 3 R D AV E N U E
Highlights
Thriving neighbourhood benefits from easy access to Downtown and Broadway corridor
•
OCP supports mixed-use development up to 6-storeys
ree
•
St
Property topography allows views of North Shore Mountains and Downtown Vancouver n
•
ai
Prime corner location offering 132 feet of frontage along Main Street
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Property summary Address
1940 Main Street, Vancouver
Legal Description
Lots A&B, Blk 16, DL 200A, Plan 7965 and Lot 4, Blk 16, DL 200A Plan 197.
PID
010-249-702 010-249-745 010-249-770
Site Size
Suite 2100, 1055 West Georgia Street PO Box 11109 Royal Centre, Vancouver, BC, Canada V6E 3P3 P 604.687.7331 E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc.
~17,424 sq.ft. (0.40 acres)
Frontage
Main Street – 132 feet East 4th Avenue – 132 feet
Zoning
IC-2 (OCP allows for up to 6-storeys)
Property Taxes
$69,022.21 (2010)
Price
Contact listing agent
Financing
Treat as Clear Title
Mount Pleasant Official Community Plan & Zoning The Mount Pleasant local area is bounded in the west by Cambie Street, 16th Avenue to the south, Clark Drive to the east and Great Northern Way/False Creek to the north. Mount Pleasant’s new official community plan (OCP) identifies the subject area as Main Street from 2nd Avenue to 7th Avenue (“Main from 2nd to 7th”). The property’s IC-2 zoning allows for a density up to 3.0 times FSR, but the new OCP supports mixed-use development up to 6 storeys with the potential to achieve additional height and density on a case-by-case basis (site specific rezoning).
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Location The property is located on the northeast corner of Main Street and East 4th Avenue in the Mount Pleasant neighbourhood in the City of Vancouver. The site provides excellent exposure along a major residential/commercial corridor and offers phenomenal views of the North Shore Mountains and Downtown Vancouver. Offering an eclectic mix of new and old architecture, this historical area, also referred to as Vancouver’s “Uptown”, has undergone a renaissance in recent years that has fuelled the retail and residential redevelopment of this distinct urban community. The property is a short walk from trendy boutique retailers and restaurants, the new Mount Pleasant Civic Centre and the new transit hub at Main & Broadway. The property benefits from quick and convenient access to the Broadway corridor and Downtown Vancouver. Notable developments in the Mount Pleasant neighbourhood include: District Main (299 East 7th Avenue) - a 10-storey, 103-unit and 9-storey, 148 unit project by Amacon; Jacobsen (256 East 2nd Avenue) - a 6-storey, 93-unit project by Intracorp; and Social (2321 Scotia Street) - a 9-storey, 139-unit project by Onni.
E as
ve th a
main street vancouver, bc
downtown vancouver
c a m b ie
s t. b r id
ge
olympic village Main skytrain station
M ain St
for sale
reet
mixed use development opportunity
Bal Atwal Associate D 604.647.5090 E [email protected]
Robert C. Levine Principal D 604.647.5066 E [email protected]
T EE R ST E LO
R
N
D
A
V
EN
U
E
EE
T
N
R ST A TI O SC
132ft
E 4 T H AV E N U E
SCOTIA STREET
Opportunity to purchase an exceptional mixed use retail and residential development site on the northeast corner of 4th & Main.
E2
132ft
MAIN STREET
1940
main street vancouver, bc
E 3 R D AV E N U E
Highlights
Thriving neighbourhood benefits from easy access to Downtown and Broadway corridor
•
OCP supports mixed-use development up to 6-storeys
ree
•
St
Property topography allows views of North Shore Mountains and Downtown Vancouver n
•
ai
Prime corner location offering 132 feet of frontage along Main Street
M
•
Property summary Address
1940 Main Street, Vancouver
Legal Description
Lots A&B, Blk 16, DL 200A, Plan 7965 and Lot 4, Blk 16, DL 200A Plan 197.
PID
010-249-702 010-249-745 010-249-770
Site Size
Suite 2100, 1055 West Georgia Street PO Box 11109 Royal Centre, Vancouver, BC, Canada V6E 3P3 P 604.687.7331 E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc.
~17,424 sq.ft. (0.40 acres)
Frontage
Main Street – 132 feet East 4th Avenue – 132 feet
Zoning
IC-2 (OCP allows for up to 6-storeys)
Property Taxes
$69,022.21 (2010)
Price
Contact listing agent
Financing
Treat as Clear Title
Mount Pleasant Official Community Plan & Zoning The Mount Pleasant local area is bounded in the west by Cambie Street, 16th Avenue to the south, Clark Drive to the east and Great Northern Way/False Creek to the north. Mount Pleasant’s new official community plan (OCP) identifies the subject area as Main Street from 2nd Avenue to 7th Avenue (“Main from 2nd to 7th”). The property’s IC-2 zoning allows for a density up to 3.0 times FSR, but the new OCP supports mixed-use development up to 6 storeys with the potential to achieve additional height and density on a case-by-case basis (site specific rezoning).
t4
nue
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Location The property is located on the northeast corner of Main Street and East 4th Avenue in the Mount Pleasant neighbourhood in the City of Vancouver. The site provides excellent exposure along a major residential/commercial corridor and offers phenomenal views of the North Shore Mountains and Downtown Vancouver. Offering an eclectic mix of new and old architecture, this historical area, also referred to as Vancouver’s “Uptown”, has undergone a renaissance in recent years that has fuelled the retail and residential redevelopment of this distinct urban community. The property is a short walk from trendy boutique retailers and restaurants, the new Mount Pleasant Civic Centre and the new transit hub at Main & Broadway. The property benefits from quick and convenient access to the Broadway corridor and Downtown Vancouver. Notable developments in the Mount Pleasant neighbourhood include: District Main (299 East 7th Avenue) - a 10-storey, 103-unit and 9-storey, 148 unit project by Amacon; Jacobsen (256 East 2nd Avenue) - a 6-storey, 93-unit project by Intracorp; and Social (2321 Scotia Street) - a 9-storey, 139-unit project by Onni.
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