2106 Main Street, Vancouver For Sale Mixed-use Redevelopment Site
Main & 5th Ave. Location Corner Lot Holding Income
Baktash Kasraei
Casey Bell
Kevin Douglas
Senior Sales Associate
Associate Vice President
Associate
Office +1 604 998 6016
Office +1 604 998 6014
Office +1 604 998 6142
Cell +1 604 619 4391
Cell +1 604 340 3173
Cell +1 778 835 0584
[email protected] [email protected] [email protected] www.jll.ca
Opportunity Rare opportunity to purchase a mixed-use redevelopment site located on EAST 5TH AVE
the corner of Main Street and East 5th Avenue in the coveted Mount Pleasant neighborhood of Vancouver. The property is within walking distance of the MAIN STREET
Olympic Village, amenities on Main Street, Cambie Street and Broadway and three rapid transit stations.
Property Features • Corner site • 66’ x 132’ lot (8,718 SF) • Potential land assembly for total of 132’ x 132’ • Holding income • Minutes from Downtown
Tenancy Approximately 6,660 SF leased on a fully net basis until December 31, 2015. Current net income is approximately $120,000.00 per year.
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Zoning and OCP
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Currently zoned IC-2 Light Industrial. Mount Pleasant OCP proposes to create an urban community along Main Street with a mix of residential, office
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and retail uses in buildings up to six stories in height.
Legal Description
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Lot A Block 9 District Lot 200A Plan 9375 PID 009-712-712
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Property Taxes (2014) $34,260.90
Asking Price $5,500,000.00
Baktash Kasraei
Casey Bell
Kevin Douglas
Senior Sales Associate
Associate Vice President
Associate
Office +1 604 998 6016
Office +1 604 340 3173
Office +1 604 998 6142
Cell +1 604 619 4391
Cell +1 778 883 8667
Cell +1 778 835 0584
[email protected] [email protected] [email protected] Jones Lang LaSalle 14th Floor, 355 Burrard St Vancouver, BC V6C 2G6 Tel: +1 604 998 6001 Fax: +1 604 998 6018 www.jll.ca
© 2015 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. E. & O. E. Jones Lang LaSalle Real Estate Services, Inc. Real Estate Brokerage.
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