- For Sale $12,495,000
- Property Type Mixed Use
- Units 8
- Lot Size 6,000 SF
- Cap Rate % 4.99
- NOI / YR $623,790.62
- Taxes / YR $95,829.50
- Zoning DD (Comprehensive Development)
- Additional Rent Contact for pricing
- Year Built 1907
- Date Updated Sep 13, 2024
Corbel Commercial is pleased to present an exceptional opportunity to acquire a free standing 3-storey, mixed use asset located at 1033 - 1039 Granville Street in Downtown Vancouver.
The subject property is comprised of 3 Commercial Restaurant/Retail units on the main floor* that are fully leased and 8 massive, 3-bedroom, fully refurbished character residential units* on floors 2 and 3. The building has undergone a substantial renovation to include new glass retail storefronts, upgraded building systems, commercial grade venting systems for commercial kitchens, and fully restored character residential market rental units above. Centrally located in the heart of the Granville Entertainment District known for its vast assortment of bars, dance clubs, restaurants, shops, and vibrant nightlife - this is an excellent income generating investment with potential redevelopment opportunities in the future.
*Approved occupancy with the City of Vancouver is restaurant for units 1033 & 1037, residential for unit 1035 (4 dwelling units on the second storey, 4 dwelling units on the third storey), and retail (limited service food establishment) for unit 1039. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
98/100
Walker's Paradise
-
Transit Score ®
100/100
Rider's Paradise
-
Bike Score ®
91/100
Biker's Paradise
- City Vancouver, BC
- Neighborhood Downtown Vancouver
- Postal Code V6Z 1L4
Points of Interest
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Yaletown–Roundhouse
0.32 miles
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Yaletown-Roundhouse
0.32 miles
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Vancouver City Centre
0.34 miles
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Seymour Street Entrance
0.40 miles
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Granville Street Entrance
0.41 miles
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Dunsmuir Street Entrance
0.46 miles
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Burrard Street
0.48 miles
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Melville Street
0.48 miles
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Art Phillips Park
0.49 miles
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Canada Line - Granville Street Entrance
0.60 miles
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ChargePoint
0.27 miles
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Esso
0.28 miles
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BeachCity Auto Center
0.45 miles
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False Creek Fuel
0.69 miles
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Tesla Supercharger
0.71 miles
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Petro-Canada
1.18 miles
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FLO
1.19 miles
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Chevron
1.21 miles
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Shell
1.21 miles
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ChargePoint (EA employees only)
2.09 miles
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848 Seymour St. Parking - Lot #117
0.22 miles
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827 Richards St - Lot #97
0.24 miles
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Impark
0.30 miles
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Shoppers
0.38 miles
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Parkwell (Seymour entrance)
0.41 miles
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Parkwell Plaza Parking
0.41 miles
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Parkwell (Richards entrance)
0.43 miles
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Bentall Centre Public Parking
0.57 miles
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Parking Indigo Vancouver - Lot 457 - BC Place Stadium East-West Lots
0.61 miles
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Samesun Backpacker Hostels
0.03 miles
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Hotel Belmont Vancouver
0.04 miles
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Executive Hotels & Real Estate
0.07 miles
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Best Western Premier Chateau Granville Hotel & Suites & Conference Centre
0.09 miles
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Holiday Inn and Suites Downtown
0.09 miles
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WorldMark Vancouver - The Canadian
0.10 miles
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Embarc Vancouver
0.13 miles
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Sheraton Vancouver Wall Centre Hotel
0.14 miles
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Moda Hotel
0.15 miles
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The Burrard
0.18 miles
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Skewers Middle Eastern Cuisine
0.00 miles
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Skewers
0.01 miles
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Crave India
0.01 miles
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The Mexican Antojitos y Cantina
0.02 miles
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The Dime
0.02 miles
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A&W
0.02 miles
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The Heaven on Granville
0.02 miles
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Fresh Donair
0.02 miles
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Megabite
0.03 miles
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Thai Town Restaurant
0.03 miles
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New Image College
0.06 miles
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Pattison High School
0.14 miles
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Canada College Vancouver
0.22 miles
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Vanwest College
0.24 miles
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UBC Robson Square
0.27 miles
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The Westside Schools – Miniversity
0.29 miles
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Canada Capstone College
0.32 miles
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Vancouver English Centre
0.32 miles
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Anchor Point Montesorri
0.34 miles
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Global Village English Centers
0.37 miles
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The Mark Children Centre
0.34 miles
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Charleston Children's Centre
0.35 miles
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Precious Moments Family Day Care
0.40 miles
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Mole Hill Child Care
0.41 miles
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Dorothy Lam Children Centre
0.46 miles
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Sea Star's Children Centre
0.47 miles
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Little Beach YMCA Child Care
0.49 miles
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Sapphire Children's Centre
0.63 miles
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Pooh Corner Daycare
1.26 miles
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Strathcona Montessori
1.26 miles
Frequently Asked Questions
The space currently listed for sale at 1033 Granville Street asks for $12,495,000.
1033 Granville Street was built in 1907.
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