Presenting 1130 Granville, centrally located in Vancouver's bustling Downtown Entertainment District. This property spans roughly 12,000 sft of mixed-use space, combining the charm of vintage aesthetics with modern potential. It features original handmade brick walls, hardwood floors, and high ceilings ranging from 12 to 16 feet, perfect for a variety of business ventures.The building houses 2 commercial spaces and 6 residential units (4 2-beds and 2 1-bedr apartments). With significant changes on the horizon for Granville Street and developments like 717 Davie spotlighting this area, 1130 Granville stands as a focal point for renewed tourism and business interest. Although the main and basement levels remain vacant, the easing of licensing rules create a compelling investment opportunity. Priced at a proposed $7.25 million with a minimum projected cap rate of 7% at full occupancy. SOLD AS IS WHERE IS. Don't miss this!!!
Data was last updated October 6, 2024 at 02:10 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$3,679,000
Min list price:
$1,900,000
Max list price:
$7,250,000
Avg days on market:
165
Min days on market:
3
Max days on market:
1,160
Avg price per sq.ft.:
$1,349.33
These statistics are generated based on the current listing's property type
and located in
Vancouver West. Average values are
derived using median calculations.
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