1775 Nanaimo Street Vancouver, British Columbia V5N 5C1

5954 sqft


Large corner investment/holding property available within the 'Grandview Woodland Community Plan - Nanaimo.' 61' X 97.6" = 5,953.60sf lot. Great mixed-use strata/rental development potential, with building height up to 6 storey & density up to 3.2 FSR. Beautiful city views on higher floors as it sits on elevated land. Ability to build without purchasing any adjacent property unlike other properties within the area. No costly residential rental relocation concerns as required by City as this property is commercial & not residential. Current commercial tenant is flexible in vacating immediately or may sign a short-term triple net lease while developer getting permits reducing holding costs. This property may qualify with the CMHC Rental Construction Financing criteria for "low cost" Rental building construction funding. Please confirm with the City of Vancouver regarding all allowable redevelopment potentials and CMHC about the "low cost" Rental Construction Financing. Vendor financing available! (id:23508)

Property Details

MLS® Number C8053978
Property Type Retail


Amenities Street Lighting
Constructed Date 1926
Fireplace Present No
Size Interior 5954 Sqft


Acreage No
Size Irregular 5953
Size Total 5953 Sqft
Size Total Text 5953 Sqft
Zoning Description C-1 Commercial


Electricity Available
Water At Lot Line



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