For Sale or Lease Industrial Freestanding Industrial Building With Exposure 1 Dock Level Loading Door
647 Powell Street, Vancouver, BC 5,000 sq ft building on 50’ x 115’ lot Location
Highlights
The subject property is strategically located on Powell Street and Heatley Avenue in Vancouver’s desireable Downtown East Oppenheimer. The immediate surrounding area is characterized by a wide spectrum of uses including office, retail, residentail as well as light manufacturing. In the heart of a thriving commercial/ residential/industrial district and just five minutes to Vancouver’s Downtown core, properties with these attributes are highly sought after yet rarely available.
•
Prime owner/occupier opportunity
•
3 parking stalls
•
High ceiling in warehouse
•
Fenced yard
Mitch Ellis
[email protected] Direct Tel: 604 630 3383 Cellular: 604 729 7699
Tel: 604 684 7117
Ryan Saunders | Personal Real Estate Corporation
[email protected] Direct Tel: 604 630 3384 Cellular: 604 760 8799
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9
[email protected] www.dtzvancouver.com
647 Powell Street, Vancouver, BC 5,000 sq ft building on 50’ x 115’ lot Zoning
Building Area (Approx)
DEOD - The DEOD Industrial zoning is intended to permit a wide range of light industrial uses including but not limited to warehousing, storage, distribution, manufacturing and wholesaling.
Office
Site Description Rectangular in shape, the subject property offers approximately 50 ft of frontage on Powell Street by 115 ft for a total site area of approximately 5,750 sq ft.
Building
1,000 sq ft
Warehouse
4,000 sq ft
Total
5,000 sq ft
* All measurements are approximate and must be verified by the buyer.
Legal Description Lot 23, Block 43, DL 196, Plan VAP196, LD36 A PID 015-602-648 & 015-602-532
A freestanding one story mixed use office/warehouse building. Loading can be provided from 1 dock loading door. The building comes with 3 parking stalls and a fenced yard.
Gross Property Taxes (2013)
Building Features
Asking Price
• • • • • • • • • • •
Spacious open and private offices Newer roof 1 dock level loading bay Gas forced air heaters 10’—12.5’ ceiling in warehouse (approx) Heavy electrical service Signage opportunity Reception and lunch room areas Storage/production areas 2 washrooms New gates
$11,543.53
$1,745,000.00
Lease Rate $11.00 per sq ft fully net, per annum
Taxes & Operating Costs (Estimated 2013) $4.50 per sq ft, per annum
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9
[email protected] Disclaimer Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Vancouver Real Estate Ltd. 03/2014.
Tel: 604 684 7117
www.dtzvancouver.com