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8242 Ontario St 8,886 SF Industrial Building Vancouver, BC V5X 3E3 $5,695,000 CAD ($640.90 CAD/SF)
Investment Highlights
- Located within walking distance of Marine Gateway, a major retail and transit hub with future expansion plans.
- Excellent transportation access via Knight Street Bridge, Vancouver International Airport, and major arterial routes.
- Includes ten parking stalls, with environmental report available upon request.
- I-2 industrial zoning with 3.0 FSR, allowing for multi-level redevelopment opportunity.
- Features grade-level loading, 9-foot to 14-foot ceiling heights, and single-phase electrical service.
- Situated in a growing commercial district surrounded by established businesses in South Vancouver.
Executive Summary
8242 Ontario Street presents an opportunity to acquire a freestanding industrial building in South Vancouver. Positioned only steps from Marine Gateway, a major mixed-use hub, the asset benefits from proximity to rapid transit, diverse retail, dining, and entertainment options. The neighborhood continues to experience robust redevelopment momentum, offering long-term upside for owner-users or investors seeking stability within Vancouver’s city limits.
The property is zoned I-2, which permits a range of industrial uses and offers a 3.0 FSR, creating significant potential for a multi-level redevelopment. Immediate connectivity to Knight Street Bridge, Vancouver International Airport, and Downtown Vancouver ensures superior logistical reach across the Lower Mainland. Grade-level loading via the rear laneway supports efficient access for distribution or production requirements, while on-site parking accommodates operational needs. This offering combines functional improvements with strategic land value in one of Vancouver’s most dynamic growth corridors.
The property is zoned I-2, which permits a range of industrial uses and offers a 3.0 FSR, creating significant potential for a multi-level redevelopment. Immediate connectivity to Knight Street Bridge, Vancouver International Airport, and Downtown Vancouver ensures superior logistical reach across the Lower Mainland. Grade-level loading via the rear laneway supports efficient access for distribution or production requirements, while on-site parking accommodates operational needs. This offering combines functional improvements with strategic land value in one of Vancouver’s most dynamic growth corridors.
Property Facts
| Price | $5,695,000 CAD | Lot Size | 0.30 AC |
| Price Per SF | $640.90 CAD | Rentable Building Area | 8,886 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | ||
| Zoning | I-2 - -2 Industrial (3.0 FSR allows for multi-level redevelopment) | ||
| Price | $5,695,000 CAD |
| Price Per SF | $640.90 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.30 AC |
| Rentable Building Area | 8,886 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 1 |
| Zoning | I-2 - -2 Industrial (3.0 FSR allows for multi-level redevelopment) |
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Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
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8242 Ontario St
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