About this Retail in Fairview VW
OWNER-USER/INVESTMENT OPPORTUNITY - Rare opportunity to acquire a 7,268 square foot, freestanding building along the prestigious South Granville retail strip home to luxury retailers such as Restoration Hardware, Pottery Barn and high-end boutiques and restaurants. There is an immediate opportunity to occupy 2,518 SF on the 2nd floor of the building, which has recently undergone renovations and was last used as an art gallery space. The main floor is currently occupied by Hen…ry's Camera, who have entered into a short term lease, but may be willing to stay long term. The main & 2nd Fl combined total 5,718 SF of useable area making the price $962 per leasable SF. The basement adds an additional 1,484 SF and was recently renovated and is very usable space. When fully leased at market rates, this property is projected to achieve a 5% cap rate.
Listed by NAI Commercial.
OWNER-USER/INVESTMENT OPPORTUNITY - Rare opportunity to acquire a 7,268 square foot, freestanding building along the prestigious South Granville retail strip home to luxury retailers such as Restoration Hardware, Pottery Barn and high-end boutiques and restaurants. There is an immediate opportunity to occupy 2,518 SF on the 2nd floor of the building, which has recently undergone renovations and was last used as an art gallery space. The main floor is currently occupied by Henry's Camera, who have entered into a short term lease, but may be willing to stay long term. The main & 2nd Fl combined total 5,718 SF of useable area making the price $962 per leasable SF. The basement adds an additional 1,484 SF and was recently renovated and is very usable space. When fully leased at market rates, this property is projected to achieve a 5% cap rate.
Listed by NAI Commercial.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- Type: Retail
- Sub Type: Retail
More About Fairview VW, Vancouver West
Just across from the Downtown Vancouver peninsula lies this quiet gem of a neighbourhood. Enjoy walks on the seawall that stretches into Granville Island, Kitsilano Beach, or Olympic Village depending on which way your heart takes you. You can learn more of the history behind False Creek and how the shape has changed here.
