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- Status:
- Active
- Prop. Type:
- Land Commercial
- MLS® Num:
- C8059426
- Photos (21)
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An exceptional opportunity to acquire three consecutive 50' x 125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue are currently held as long-term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean.
- Sale Type:
- Asset
- Year built:
- 1944 (Age: 80)
- Total Floor Area:
- 1,645 sq. ft.152.83 m2
- Lot Area:
- 6,250 sq. ft.580.64 m2
- Acres Freehold:
- 6,098.4 sq. ft.566.56 m2
- Lot Depth:
- 125
- Lot Frontage:
- 50'15.24 m
- Land Use/Zoning:
- RT-6
- Permitted Use:
- Multifamily (5+), Residential
- Taxes:
- $8,602.28 / 2023
- Services Connected:
- Electricity, Garbage Collection, Lane, Lane Paved, Paved Streets
- Water Supply:
- Municipal
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- No
- Env Assmt Phase:
- Not Applicable
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Listed by RE/MAX Select Properties and RE/MAX Crest Realty
Data was last updated May 19, 2024 at 12:10 PM (UTC)
- MIN KIM 김민경
- Oakwyn Realty Ltd.
- 1 (778) 5580783
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.