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1249-1257 E Pender St 0.15 Acres of Industrial Land Offered at $2,900,000 CAD in Vancouver, BC V6A 1W7
EXECUTIVE SUMMARY
Lee & Associates is proud to present the opportunity to acquire 1249–1257 East Pender Street in Vancouver, located in the Grandview-Woodland area. The property is currently improved as a vacant lot.
Recent redevelopment in the area has allowed for a 3.00 FSR with height potentially up to 60 feet. This zoning also allows for up to approximately 33% general office.
The subject property is located just east of Clark Drive on the north side of East Pender Street. This area of Vancouver provides quick and easy access to the Port of Vancouver, East Hastings corridor, Venables & Commercial Drive, as well as the downtown core. Clark Drive, East Hastings Street, Powell Street, and East 1st Avenue all offer reliable and efficient access to the busiest distribution routes within the City of Vancouver.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
$41,165
|
$265,923.77
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$41,165
|
$265,923.77
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $41,165 |
| Annual Per AC | $265,923.77 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,165 |
| Annual Per AC | $265,923.77 |
PROPERTY FACTS
| Price | $2,900,000 CAD | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Property Type | Land | ||
| Zoning | I-2 - (Light Industrial) | ||
| Price | $2,900,000 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 0.15 AC |
| Zoning | I-2 - (Light Industrial) |
1 LOT AVAILABLE
Lot H
| Price | $2,900,000 CAD | Lot Size | 0.15 AC |
| Price Per AC | $18,739,660.88 CAD |
| Price | $2,900,000 CAD |
| Price Per AC | $18,739,660.88 CAD |
| Lot Size | 0.15 AC |
Lot H Block A, Plan EPP41346, District lot 182, Group 1
DESCRIPTION
Lee & Associates is proud to present the opportunity to acquire 1249-1257 East Pender Street in Vancouver, located in the Grandview-Woodland area. The property is currently improved as a vacant lot. The subject property is located just east of Clark Drive on the north side of East Pender Street. This area of Vancouver provides quick and easy access to the Port of Vancouver, East Hastings corridor, Venables & Commercial Drive, as well as the downtown core. Clark Drive, East Hastings Street, Powell Street, and East 1st Avenue all offer reliable and efficient access to the busiest distribution routes within the City of Vancouver.
Presented by
1249-1257 E Pender St
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