BC > Vancouver
Vancouver, BC V5L 1L6,1670 Pandora ST
Vancouver, BC V5L 1L6,1670 Pandora ST
Vancouver, BC V5L 1L6,1670 Pandora ST
Vancouver, BC V5L 1L6,1670 Pandora ST
Vancouver, BC V5L 1L6,1670 Pandora ST
Vancouver, BC V5L 1L6,1670 Pandora ST
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Vincent Lo

Vincent Lo

+1(604) 418-5507
$ 4,297,000
Est. payment | /mo

0.25 Acres Lot

Save
$ 4,297,000
Est. payment | /mo
Save

0.25 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type Asset

MLS Listing ID C8065897

Year Built 1901

Lot Size 10,890 Sqft

Property Sub-Type Industrial

Property Description

Big discount below Jul 2024 BC Ppty Tax Assessed Value $5.645M. Starting price $80 per Buildable SQFT or $400 per SQFT of land. Existing old timer warehouse w/ 8,540 SF of leaseable area. Recently vacant w/ mkt rents of $20 per SF Net = 4% cap rate. Adjacent bldgs same owner 1642 & 1636 Pandora also on MLS, use 1642 Pandora together as side wall open pass thru w/ dbl fire rollup gate for addtl 8,221 SF space. Heavy Industrial redevelopment site, 2 blks North of E. Hastings at Commercial Dr., & 3 blks South of Port of Van. waterfront, in East Van. Site is 10,736 SQFT of land & 88 FT of frontage along Pandora St. First time to sales market in approx. 50 yrs. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (53,680 buildable SQFT) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74K SF flr area) & directly behind the newer 7 storey SmartStop Storage (90K SF). 2021 Phases 1 & 2 Environmental Analysis done.

Location

Province BC

Community Hastings

Area Vancouver East

Zoning M-2

Interior

Heating Baseboard, Forced Air

Cooling Forced Air

Exterior

Utilities Available Curb/Gutter, Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk

Street Surface Paved

Accessibility Handicap Access/Facil

Total Parking Spaces 7

Building

Story 1

Sewer Public Sewer, Storm Sewer

Water Public

Others

Ownership Freehold

Security Features Security System

REBGV/FVREB/Chilliwack/BC Northern (Commercial IDX)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(604) 418-5507

vincent@buysellbchomes.com

# 500 666 Burrard Street, Vancouver, Columbia, V6C3P6, Canada

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1670 Pandora ST