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314 W 12TH AVENUE
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314 W 12TH AVENUE $3,498,000
$3,498,000
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314 W 12TH AVENUE
Vancouver, British Columbia V5Y1V2

MLS® Number: C8060274

Listing Description

An exceptional opportunity to acquire two consecutive 50'x125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue are currently held as long term investment properties with 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 and 150' of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties! (35004045)

Property Summary

Property Type
Vacant Land
Land Size
6250 sqft
Built in
1944
Annual Property Taxes
$7,293.49
Time on REALTOR.ca
180 days

Building

Building Features
Features
Lane
Utilities
Utility Type
Electricity (Available)

Measurements

Square Footage
1645 sqft

Land

Lot Features
Road Type
Paved road
Other Property Information
Zoning Description
RT-6
Data provided by: Greater Vancouver REALTORS® 2433 Spruce Street, Vancouver, British Columbia V6H 4C8

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