Development opportunity on the Fraser Street commercial corridor in East Vancouver, priced at approximately $105 per buildable SF based on the 3.50 FSR rental density. 3386 Fraser Street is a 7,629 SF corner lot at East 18th Avenue, currently improved with a surface parking lot. The C-2A zoning permits up to 2.50 FSR for strata condominium development, or approximately 19,073 SF buildable, and up to 3.50 FSR for 100% secured purpose-built rental, or approximately 26,702 SF bu…ildable. No rezoning is required, subject to the City of Vancouver development permit process. Fraser Street continues to see significant rental development activity, with transit, retail, restaurants and services all within walking distance. Title includes City of Vancouver parking covenants. All measurements and density figures are approximate and should be verified by the Buyer.
Listed by Paradigm Group Commercial Real Estate Services.