6 Bedroom
12 Bathroom
10400 Sqft
$7,250,000
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!!! (id:54355)
Property Details
|
MLS® Number
|
R2878823 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Recreation, Shopping |
|
Features
|
Central Location |
Building
|
Bathroom Total
|
12 |
|
Bedrooms Total
|
6 |
|
Amenities
|
Laundry - In Suite |
|
Appliances
|
All |
|
Basement Development
|
Unknown |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
Unknown (unknown) |
|
Constructed Date
|
1910 |
|
Size Interior
|
10400 Sqft |
Land
|
Acreage
|
No |
|
Land Amenities
|
Recreation, Shopping |
|
Size Irregular
|
3000 |
|
Size Total
|
3000 Sqft |
|
Size Total Text
|
3000 Sqft |