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1130-1134 Granville St 12,000 SF 100% Leased Retail Building Vancouver, BC V6Z 1L8 $5,750,000 CAD ($479.17 CAD/SF) 7% Cap Rate



Investment Highlights
- Located in Vancouver’s Downtown Entertainment District, a high-traffic, growth-oriented corridor.
- Includes two commercial spaces and six residential units for diversified income streams.
- Offered at $5.75 million with a projected 7% cap rate at full occupancy.
- Features original brick walls, hardwood floors, and ceiling heights of 12 to 16 feet.
- Main level leased; basement and most residential units available for immediate repositioning.
- Surrounded by major redevelopment projects and strong transit connectivity.
Executive Summary
1130 Granville Street presents a rare opportunity to acquire a mixed-use property in Vancouver’s Downtown Entertainment District, a vibrant corridor undergoing significant revitalization. This four-level building combines historic character with future upside, featuring original handmade brick walls, hardwood floors, and soaring ceilings ranging from 12 to 16 feet. The property includes two ground-level commercial spaces and six residential units (four two-bedroom and two one-bedroom apartments), offering diversified income potential. The main level is currently leased, while the basement remains vacant, and most residential units have been intentionally left unrented to provide flexibility for new ownership. With major redevelopment projects such as 717 Davie Street driving renewed attention to the area, this asset is strategically positioned for long-term appreciation. Priced at $5.75 million, the property offers a projected 7% cap rate at full occupancy, making it an attractive investment for those seeking stable returns in a high-demand urban market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,000 SF
Building Class
C
Year Built
1910
Price
$5,750,000 CAD
Price Per SF
$479.17 CAD
Cap Rate
7%
NOI
$402,500 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.94
Lot Size
0.07 AC
Zoning
DD - Downtown District
Frontage
31’ on Granville St
Amenities
- Bus Line
- Storage Space
- Air Conditioning
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (89)
Nearby Major Retailers
1 of 19
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1130-1134 Granville St
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