314 W 12TH AVENUE, VANCOUVER
314 W 12th Avenue, Vancouver
$5,998,000
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 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, 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.
PRICE:$5,998,000
BEDROOMS:4
BATHROOMS:3
PARKING:4
YEAR BUILT:1910
FLOOR AREA:2,326 sqft
PRICE/SQ FT:$2,579
MAINT. FEES:$0
TAXES (2022):$0
MLS:R2843711
NEIGHBOURHOOD:Mount Pleasant VW
NICHE:House/Single Family
ClthWsh
Dryr
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LISTED BY: RE/MAX Select Properties on January 22nd 2024
Mount Pleasant
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