Vancouver, 324 W 12TH AVENUE - For Sale, $7,490,000

$7,490,000 Sale

Listed 128 days ago

324 W 12TH AVENUE

MLS® C8053298 Land Commercial

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Beds · 0

Baths · 0

Parking · -

Sqft · 6250

Est. mortgage

$28,415/mo

Key Facts

Key facts for 324 W 12TH AVENUE

Property Type

Commercial

Parking

MLS #

C8053298

Size

6250 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1910

Maintenance Fee

Description

An exceptional opportunity to acquire three consecutive 50' x 125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th, 324 West 12th Avenue and 2811 Alberta Street, are currently held as long-term investment properties wit...h outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean.

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Full Property Details

Interior

Washrooms

Square Footage

6250 sqft

Washrooms

Square Footage

6250 sqft

Exterior

Acreage

0.14

Waterfront

Total Parking Spaces

Garage Spaces

Zoning

RT-6

Acreage

0.14

Waterfront

Total Parking Spaces

Garage Spaces

Zoning

RT-6

Building Description

Property Type

Commercial

Home Type

Commercial

Subtype

Land Commercial

Year Built

1910

Water Supply

Municipal

Property Type

Commercial

Home Type

Commercial

Subtype

Land Commercial

Year Built

1910

Water Supply

Municipal

Community

Mount Pleasant VW

Area Code

Vancouver West

Community

Mount Pleasant VW

Area Code

Vancouver West

Taxes & Fees

Tax Year

2022

Tax Year

2022