V6K Laboratories for Sale

Laboratories for Sale Within 5 kilometers of V6K

188 5th Av W

Vancouver, BC V5Y 1H7

Office for Sale
$4,995,000 CAD
3,997 SF

Bio-Tech/ Lab Space

Vancouver Office for Sale - Broadway Corridor

The property located at 188 West 5th Avenue, Vancouver is a 3,997 sq. ft. industrial building situated on Lot 1, Block 33, District Lot 200A (PID: 004-309-685) and is zoned I-1, allowing for a broad range of uses including laboratories, general office, health care offices, and information communication technology manufacturing. The site falls within the Broadway Plan, designated as Mount Pleasant Industrial Area – Area A (MIAA), permitting a 4.5 FSR and offering approximately 24,043 sq. ft. of potential buildable area. Property taxes for 2025 are $61,220.90. The building is currently leased to Catalera BioSolutions Inc., with the lease expiring in Q4 2027 and no further renewal options. Includes four parking stalls, air conditioning, and 3-phase, 600-volt power for specialized operations. The adjacent property, 164 West 5th Avenue, is available for sale. Contact listing agents for additional information

Contact:

Lee & Associates Commercial Real Estate Service

Date on Market:

2025-09-18

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164 5th Av W

Vancouver, BC V5Y 1H7

Industrial for Sale
$4,995,000 CAD
7,920 SF

Vancouver Industrial for Sale - Broadway Corridor

The property at 164 West 5th Avenue, Vancouver is a 7,920 sq. ft. industrial building situated on a legally described parcel of Lot 2, Block 33, District Lot 200A, Plan 197 (PID: 015-557-634). The building comprises 4,925 sq. ft. on the main floor and 2,995 sq. ft. on the second floor and is zoned I-1, allowing for a broad range of uses including laboratories, general office, health care offices, and information and communication technology manufacturing. Located within the Broadway Plan’s Mount Pleasant Industrial Area – Area A (MIAA), the site benefits from a 4.5 FSR, offering approximately 27,175 sq. ft. of potential buildable area. The property is currently leased to Catalera BioSolutions Inc. with a lease expiry in Q4 2027 and no further renewal options. Improvements include a fully air-conditioned second-floor office with ample natural light, open-plan layout, boardroom, and kitchen, along with an air-conditioned main-floor production and laboratory area, grade-level loading, 3-phase 600-volt power, 12-foot ceiling heights, and four on-site parking stalls. 2025 property taxes are $61,836.30. The adjacent property, 188 West 5th Avenue, is available for sale. Contact listing agents for additional information