2947 GRANVILLE Street, Vancouver, British Columbia, V6H3J6




$9,970,000
Vancouver
This retail property in Vancouver is for sale offering roughly 12,956 sq ft of space. It has been on the market 43 days, fresher than the Vancouver average of 93 days.
5.51% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. Good for long term investor, owner-user or developer. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 93 days across the listings currently for sale in this city
This retail in Vancouver has been listed for 43 days, which is 50 days fresher than the city average of 93. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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