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2762 Granville St 4,944 SF 100% Leased Retail Building Vancouver, BC V6H 3J3 $6,888,000 CAD ($1,393.14 CAD/SF)
Investment Highlights
- Landmark retail building boasting a unique facade and dramatic glazing.
- 300m away from the future South Granville Station on the Millennium Line Broadway Subway Project extension (est opening 2027).
- Notable tenant, Gryphon Living, is currently occupying the building with stable rent escalations in place throughout the term.
- Near corner of Granville St & W 12th Ave:steps to numerous restaurants, fashion boutiques, furniture stores, art galleries, The Stanley Theatre & more
- Notable tenant, Gryphon Living, is currently occupying the building with stable rent escalations in place throughout the term.
- C-3A zoning allows for a maximum floor space ratio of 3.00. As such, the Property benefits from longterm development potential.
Executive Summary
A rare opportunity to purchase a prime commercial real estate asset located along Granville Street, 2762 Granville Street (the “Property”) is a two storey retail building situated in the heart of Vancouver’s South Granville shopping district. The Property comprises 3,934 SF of leasable area situated on 3,240 SF of land. Fully leased to Gryphon Living, a local, art-focused developer, the Property has steady income in place until February 2029.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,944 SF
Building Class
B
Year Built
1926
Price
$6,888,000 CAD
Price Per SF
$1,393.14 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.76
Lot Size
0.15 AC
Zoning
C-3A - commercial activities, light manufacturing, specialized services, and dwelling uses that are compatible with commercial uses.
Parking
3 Spaces (0.76 Spaces per 1,000 SF Leased)
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
1 of 8
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2762 Granville St
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