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Retail · Vancouver, BC

2947 Granville Street

$10,700,000

5.1% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential.

Square Footage
12,956 sf
Lot Size
6480 sqft
Zoning
C3A
Location
Retail Office Warehouse Industrial Business for Sale Farm / Land
MLS® C8079808Listed by TRG Commercial Realty Ltd.
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