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3066 ARBUTUS STREET
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3066 ARBUTUS STREET $6,800,000
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$6,800,000
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3066 ARBUTUS STREET
Vancouver, British Columbia V6J4P7

MLS® Number: C8065652

Listing Description

Located in the highly sought-after Arbutus Ridge neighbourhood on Vancouver's west side, 3066 Arbutus Street encompasses an attractive retail/office owner-user opportunity with future development upside and prime Arbutus Street frontage. The Property consists of 6,311 sf of building area over 2 storeys on a 6,938 sf parcel of land. Dual frontage onto both Arbutus Street (125 feet) and the Arbutus Greenway (125 feet) allows for excellent site accessibility and the opportunity to activate the frontage with retail through development. The Property is currently 100.0% leased with lease expirations of June 2025 (2nd floor) and November 2027 (1st floor) allowing for a phased owner-user occupancy. Current zoning is C-2 Commercial allowing for 3.50x FSR of mixed-use rental up to 6 storeys or 2.50x of mixed-use strata development up to 4 storeys with no rezoning required. (35870957)

Property Summary

Property Type
Office
Land Size
6938 sqft
Built in
1978
Annual Property Taxes
$74,691.20
Time on REALTOR.ca
77 days

Measurements

Square Footage
6311 sqft

Land

Other Property Information
Zoning Description
C-2
Data provided by: Greater Vancouver REALTORS® 2433 Spruce Street, Vancouver, British Columbia V6H 4C8
Kevin Douglas