866 east broadway
FOR SALE
n East Va
866 EAST BROADWAY
rb
el c rc omme
FOR SALE - MOUNT PLEASANT INVESTMENT OPPORTUNITY
ROBERT THAM
[email protected]
604.609.0882 x 223
ia
l
c
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MARC SAUL [email protected]
604.609.0882 x 222 *Personal Real Estate Corporation
CORBEL COMMERCIAL REAL ESTATE SERVICES
632 Citadel Parade, Vancouver, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886
EXCLUSIVE AGENT E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
o
c
EAST BROADWAY
n East Va rb
ia
l
866
el c rc omme
FOR SALE - MOUNT PLEASANT INVESTMENT OPPORTUNITY
THE LOCATION
LOT SIZE
The Poulsen Block is prominently located on the 800 block of East Broadway. Located 2 blocks from Vancouver Community College and 5 blocks away from the VCC Clark skytrain station, this investment/redevelopment opportunity is located in Mount Pleasant, which currently has upwards of 600 residential units at various stages of development. Projects such as Rize Alliance’s “Independent” and Port Capital’s “Midtown” developments, together with the proposed UBC-Broadway rapid transit line, continue to revitalize the area into one of Vancouver’s hottest neighborhoods.
33 feet x 122 feet = 4,026 sf (approx.)
THE OPPORTUNITY
Plan: VAP346, Lot: 11, Block: 157, District Lot: 264A, Land District: 36
The Poulsen Block is a character, Heritage B designated apartment block, and is an exceptional investment and value-add opportunity. Located in a highly desirable, revitalizing neighborhood, this rare investment opportunity is strategically located in an area with high rental demand, historically low vacancy rates, with a future potential assembly opportunity.
PID
THE BUILDING This character asset is a three storey, mixed-use apartment building, with a prominent heritage façade, and 33 feet of frontage along East Broadway. The property features 6 character residential units, composed of four 1-beds and two 2-beds, each separately metered for hydro. The residential units sit atop a main level commercial space, with parking at the rear.
BUILDING SIZE Please contact listing agent
ZONING RM-4N Multiple Family Dwelling
LEGAL DESCRIPTION
015-437-931
PROPERTY TAXES (2016) $ 14,923.79
RENT ROLL AND INCOME INFORMATION Please contact listing agent
ASKING PRICE $3,990,000
632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
866
n East Va c
o
rb
ia
l
EAST BROADWAY
el c rc omme
FOR SALE - MOUNT PLEASANT INVESTMENT OPPORTUNITY
LIVING IN MOUNT PLEASANT 866 East Broadway is located in the center of Mount Pleasant, one of Vancouver’s most vibrant neighbourhoods. Residents have access to ample public transit, bike routes, or can reach downtown Vancouver by car in minutes. Plenty of shops, services, schools, parks, and many of the city’s hottest restaurants are found within walking distance.
*Accessibilty scores courtesy of walkscore.com
632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
n East Va
866 EAST BROADWAY
rb
el c rc omme
FOR SALE - MOUNT PLEASANT INVESTMENT OPPORTUNITY
ROBERT THAM
[email protected]
604.609.0882 x 223
ia
l
c
o
MARC SAUL [email protected]
604.609.0882 x 222 *Personal Real Estate Corporation
CORBEL COMMERCIAL REAL ESTATE SERVICES
632 Citadel Parade, Vancouver, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886
EXCLUSIVE AGENT E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
o
c
EAST BROADWAY
n East Va rb
ia
l
866
el c rc omme
FOR SALE - MOUNT PLEASANT INVESTMENT OPPORTUNITY
THE LOCATION
LOT SIZE
The Poulsen Block is prominently located on the 800 block of East Broadway. Located 2 blocks from Vancouver Community College and 5 blocks away from the VCC Clark skytrain station, this investment/redevelopment opportunity is located in Mount Pleasant, which currently has upwards of 600 residential units at various stages of development. Projects such as Rize Alliance’s “Independent” and Port Capital’s “Midtown” developments, together with the proposed UBC-Broadway rapid transit line, continue to revitalize the area into one of Vancouver’s hottest neighborhoods.
33 feet x 122 feet = 4,026 sf (approx.)
THE OPPORTUNITY
Plan: VAP346, Lot: 11, Block: 157, District Lot: 264A, Land District: 36
The Poulsen Block is a character, Heritage B designated apartment block, and is an exceptional investment and value-add opportunity. Located in a highly desirable, revitalizing neighborhood, this rare investment opportunity is strategically located in an area with high rental demand, historically low vacancy rates, with a future potential assembly opportunity.
PID
THE BUILDING This character asset is a three storey, mixed-use apartment building, with a prominent heritage façade, and 33 feet of frontage along East Broadway. The property features 6 character residential units, composed of four 1-beds and two 2-beds, each separately metered for hydro. The residential units sit atop a main level commercial space, with parking at the rear.
BUILDING SIZE Please contact listing agent
ZONING RM-4N Multiple Family Dwelling
LEGAL DESCRIPTION
015-437-931
PROPERTY TAXES (2016) $ 14,923.79
RENT ROLL AND INCOME INFORMATION Please contact listing agent
ASKING PRICE $3,990,000
632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
866
n East Va c
o
rb
ia
l
EAST BROADWAY
el c rc omme
FOR SALE - MOUNT PLEASANT INVESTMENT OPPORTUNITY
LIVING IN MOUNT PLEASANT 866 East Broadway is located in the center of Mount Pleasant, one of Vancouver’s most vibrant neighbourhoods. Residents have access to ample public transit, bike routes, or can reach downtown Vancouver by car in minutes. Plenty of shops, services, schools, parks, and many of the city’s hottest restaurants are found within walking distance.
*Accessibilty scores courtesy of walkscore.com
632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
