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$4,450,000
Est. payment /mo
3,982 SqFt
UPDATED:
07/08/2024 04:46 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,982 sqft
Price per Sqft $1,117
Subdivision Lower Lonsdale
MLS Listing ID C8061301
Year Built 1967
Annual Tax Amount $42,083
Tax Year 2023
Property Description
Avison Young is pleased to present the unique opportunity for an owner-user or developer to acquire a prominently located corner site in Lower Lonsdale. The Property is currently improved with a 3,982 sf standalone, owner-occupied industrial building with unobstructed views of the ocean and downtown Vancouver. The current M-1 (Service Industrial) zoning permits a wide range of industrial uses, allowing for a variety of industrial users to occupy the building. The City of North Vancouver Official Community Plan (OCP) designates the Property as Residential Level 5, allowing for a maximum density of up to 2.6 FSR and the potential to build a mid-rise apartment building with a total buildable area of 18,621 sf.
Location
State BC
Community Lower Lonsdale
Area North Vancouver
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Industrial
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Listed by Avison Young Commercial Real Estate Services, LP