victoria drive vancOuver, Bc

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Partnership. Performance.

for sale Opportunity to acquire a 100% freehold interest in a well located commercial property with future development potential. Justin Omichinski, Senior Associate 604.646.8387 [email protected] Jake Luft, Associate 604.647.1340 [email protected]

Michael Buchan, Senior Associate 604.647.5079 [email protected]

4902

victoria drive vancouver, BC

4902

victoria drive Vancouver, BC

Property Details Municipal Address 4902 Victoria Drive, Vancouver, BC

Opportunity

Legal Description

To acquire an investment grade commercial property with redevelopment potential on a prominent intersection in Vancouver’s Collingwood Neighbourhood.

Lot 1, Except the west 7 feet now road, Block E, District Lot 393 Plan 1955

Location

$9,987

Property Taxes (2014)

The Property is centrally located on the south east corner of Victoria Drive and East 33rd Avenue. This strategic location provides convenient access to major public transport routes, Knight Street bridge to the south, Kingsway/Metrotown to the east, and downtown Vancouver to the north west. The Property also benefits from the vibrant commercial retail zone on Victoria Drive.

PID

Building

Site Size

This site is currently improved with a 2 storey wood framed building built in 1929. This building contains 4 residential units and 2 commercial retail units fronting onto Victoria Drive.

Property Highlights -- Prominent corner location on Victoria Drive

011-587-113

Zoning C-2 Commercial

33’x98’ (3,234sf)

Floor Space Ratio 2.5 x Site Area

Price -- Land assembly potential for future redevelopment

$1,595,000

-- Fully leased Justin Omichinski, Senior Associate 604.646.8387 [email protected] Michael Buchan, Senior Associate 604.647.5079 [email protected] Jake Luft, Associate 604.647.1340 [email protected] Avison Young Commercial Real Estate Inc. #2100-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada Nanaimo SkyTrain Station

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avisonyoung.com

Subject Property 4902 Victoria Drive

Victoria Drive

© 2015 Avison Young (Canada) Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (BC) Inc.