18
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$5,890,000
Est. payment /mo
7,840 Sqft Lot
Active
1546 W 12th AVE Vancouver, BC V6J 2E1
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8066769
Year Built 1927
Lot Size 7,840 Sqft
Property Sub-Type Multi Family
Property Description
Opportunity to acquire a 100% freehold interest in Santa Monica Apartments, located in Vancouver's desirable South Granville neighbourhood. The property consists of a 7,813 SF site and is improved with a well-maintained 13-unit, two-story apartment building circa 1927. The property offers investors stable cash flow with significant revenue upside as tenancies turnover. The current land use designation under the Broadway Plan allows for a maximum 20-storey secured rental building up to 6.5 FSR with a minimum of 99 feet of frontage, offering attractive redevelopment potential.
Location
Province BC
Community Fairview Vw
Area Vancouver West
Zoning RM-3
Exterior
Utilities Available Electricity Connected, Fully Serviced, Natural Gas Connected, Street Lighting, Sidewalk
Street Surface Paved
Total Parking Spaces 4
Building
Story 2
Sewer Public Sewer, Sanitary Sewer
Water Public
Others
Ownership Freehold
Security Features Security System,Building Security
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