FOR SALE
INVESTMENT OPPORTUNITY 1641 VENABLES STREET, VANCOUVER, BC
LOCATION The subject property is located on the north side of Venables Street, between Woodland Drive and Commercial Drive. This location provides unparalleled exposure to Venables Street and is just blocks from trendy Commercial Drive. With close proximity to the downtown core and quick access to Clark Drive and Hastings Street, this location is very desirable from a logistics stand point. The surrounding neighborhood provides a unique mix of people, history, land use, and architecture with sloping streets that provide incredible views of downtown Vancouver.
SCOTT SMITH 604 788 4688
[email protected] HQ COMMERCIAL 320 - 1385 West 8th Ave. Vancouver, BC V6H 3V9
www.hqcommercial.ca t 604 899 1122 f 604 608 4819
FOR SALE
1641 VENABLES STREET, VANCOUVER, BC
OPPORTUNITY To own free-standing, fully leased commercial real estate in the transitioning Venables Corridor region.
BUILDING FEATURES • • • • •
PRICE $2,599,000
Redeveloped building with heritage design Fully tenanted Located directly on high exposure route 4 parking stalls Dock loading with two street level main door entrances
SCOTT SMITH 604 788 4688
BUILDING AREA SECOND FLOOR
1,977.8
MAIN FLOOR
2,269.8
BASEMENT
636.4
TOTAL
4,884.0
TENANCY INFORMATION TOTAL NET RENT
RENT/SF/ANNUM
TERM
SECOND FLOOR
$36,624
*$16.00 net
5 years remaining
FIRST FLOOR
$29,472
$12.00 net
3 years remaining
TOTAL
$64,096
PID/LEGAL DESCRIPTION
I-2 (Industrial) – providing a wide range of production/distribution and service commercial uses.
015-166-660; PL 631 LT 12 BLK 10 DL 183 LD 36 of BLK C
$13,956.34
HQ COMMERCIAL 320 - 1385 West 8th Ave. Vancouver, BC V6H 3V9 t 604 899 1122 f 604 608 4819 www.hqcommercial.ca
*Escalates to $16.50 & 17.00 last 4 years
ZONING
TAXES (2016)
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