Featured Listings

4835 Main Street
Vancouver V5V 3R9

$4,430,000
Commercial

Main Photo: 4835 Main Street in Vancouver: Commercial for sale
Status:
Active
Prop. Type:
Commercial
MLS® Num:
EXCLUSIVE

PROPERTY FEATURES AND HIGHLIGHTS

  • This property is 50’ x 101.33 ‘ lot currently zoned as C-2 Commercial
  • The C-2 zoning allows for up to 2.5 FSR in a building with retail at grade and 3-storeys of residential above
  • Excellent Main Street Corridor location
  • Automotive shop is willing to lease back for up to 2 years at $88,600 per year triple net.

PROPERTY INFORMATION

  • Lot Size - 50’ x 101.33’
  • PID - 007 626 339
  • Zoning - C-2 Commercial
  • Actual Use - Automobile Paint Shop
  • 2018 Property Taxes - $41,235.17

4835 Main Street is an exciting property in the Riley Park Are of Vancouver. It is a long time commercial property that has been an auto repair use for many years. The Main Street policy for this area, as approved by Council, is to encourage an improved shopping street with nearby residential that will be easy walking distance to shops and transit.

The C2-zoning allows for up to 2.5 FSR in a building with retail at grade and 3 - storey of residential above, as is the case with the neighbour to the north. Although the existing zoning is valuable and viable (as witnessed by the redevelopments to the north), the potential exists in this area located near a centre of redevelopment (Little Mountain) and along a heavily serviced transit corridor, for a rezoning application of moderate height and density increases.

Previous Price:
$4,888,000
Original Price:
$4,888,000
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Listing information last updated on October 25, 2018 at 01:39 AM (UTC)