62-68 East Cordova Street

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FOR

E S A LE

62-68 East Cordova Street



Located on the south side of East Cordova in Vancouver’s historic Gastown district, the building is a free standing one storey building of: brick and wood construction and stone and concrete foundation. Main floor is characterized with 25’ ceilings, wood beams and brick walls. There is both ramp and stair access to the 4000 square of useable basement space. Total building square footage is approximately 10,000 square feet. Recent upgrades include new roof, new exterior paint, new store front windows, and cosmetic upgrades to interior wall and ceiling. Building is vacant and is suitable for new tenancy and/or owner occupier use.

For more information please contact:



Kerby Cowan Gordon Sing

778.891.6475 | [email protected] 604.833.2993 | [email protected]

Area Improvements

The Paris Block residential development by the Salient Group and the new Woodward’s Building development are recent improvements to the surrounding area. This latter development will house: The Simon Fraser University School of Comtemporary Arts (150,000 sf), London Drugs (33,878 sf), 536 residential units, 200 social housing units and a major financial institution and grocery food chain to be confirmed.

62-68 East Cordova Street

Kerby Cowan 778.891.6475 Gordon Sing 604.833.2993 PROPERTY DESCRIPTION -----------------------------------------------------------------------------------------------------------

Civic Address Description Legal Description Land

62-68 East Cordova Street, Vancouver, B.C. Vacant, recently upgraded, one storey + basement character building in Gastown. Plan #184, Lot 14, Block 8, DL 196, LD 36, Lot 13 PID # 010-523-723, 010-523-570

Size (dimensions) Zoning Assessment Land Building Total

50, 122 HA-2

Main Basement Total

6,000 4,000 10,000 sf approx.

Age Improvement Structure

Built in 1901 (108 years old) Back addition improvement done in 1928 (City record) Brick, stone, wood To be confirmed $12 psf (10,000 sf)

Taxes (08) Building Size (sf)

Building

Operating expenses Lease rate NNN

$ 1,258,000 $ 24,000 $ 1,282,000 $ 19,898.18

Kerby Cowan 778.891.6475

Gordon Sing 604.833.2993

Vancouver East/BC/Downtown VE 62 68 CORDOVA ST E, V6A 1K2 1/4

LR: $17.00/SqFt MLS#: V4019036

Tran Type: Prop Type:

For Lease Retail

Total Area: # Storeys:

10,100

Year Built: Occupancy: Vacant LndUse/Zoning: / HA-2 Complex Name:

Tot Expenses:

Gross Income:

Lse Term/Rem: Lease $/SqFt: $17.00 Lse Op Cost Inc:

Main Off SF: Above Off SF:

Construction: RPR/Survey: Env Asmt Phs: Poss Dt/Notes: Restrictions:

122 0.003 50

Main Ret SF: Above Ret SF:

6,100

Main Wrhs SF: Above Wrhs SF:

RPR Yr: None / TBA

BC

$19,898 / 2008 800-045-212

Contig Space: Condo Fee: Water Supply: Sewer Storm: Sewer Septic:

Lse Ren Mo Prd: Lse Add Rent:

4,000

Flr Plate Wdth: Flr Plate Dpth: Total Prkg Spc:

Warehouse Brick/Masonry

Zone/Province: Title Pulled: Tax Roll: Gross Tax/Yr: Linc/PID#:

Net Income:

Lse Incentives: Lse Op Cost/SF: $3.00 Lse Measure: LseTyp/SubLse: Net

Bldg Type:

Active Land Sz SF: Land Sz Acres: Lot Frntg: Lot Depth:

Municipal Municipal Contained Municipal/Community

Power Type:

Owner Interest: Freehold

HVAC:

Fire Protection:

None

Heating Fuel:

Reports Avail:

Site Plans

Amenities:

Dock Loading

Electric

Site Services: Site Influence:

Highway Frontage, Retail Exposure, Public Transit Nearby, Visual Exposure

Legal Desc: Short Legal:

Plan: 184 Blk: 8 Lot: 13 & 14

List Firm 1:

Macdonald Realty Ltd.

DL 196 LD 36 62 & 68 E CORDOVA PID 010-523-570 & 010-523-723 **CORR OF ADDR**

Free standing Gastown building. 10,100 sf (4,000 sf basement). Extensively renovated. New roof, fir floors, electrical. Exposed interior brick walls, high ceilings, wood beams, new store front windows. 50' retail frontage. Vacant. Seller will upgrade rear wall, plumbing for suitable tenant.

Macdonald Realty Ltd. 2105 West 38th Avenue, Vancouver, BC V6M 1R8 T: 604.263.1911 | F: 604.266.3514 | www.macrealty.com

Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission to prior sale or lease, change in price or terms, and withdrawal without notice. This communication is not intended to cause or induce breach of an existing agency agreement.