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Railtown industrial building sold for $9.6 million

In the city with Canada's tightest industrial vacancy rate, rare available space sells for a premium
railtown
 
Price: $9,600,000
Price/SQFT: $610
Rentable Building Area: 16,950 SF
Property Type: Industrial 
Zoning: M-2
2016 B.C. Assessment Value: $11,396,000
City: Vancouver
Province: B.C.
Name of Brokerage: Corbel Commercial Inc. 
 
A three-storey commercial building in Vancouver’s Railtown district sold for $9.6 million, brokered by Robert Tham and Marc Caul of Corbel Commercial Inc. 
 
The Art Deco-designed character building is zoned industrial with exposed brick features and high ceilings. There's also ample office space and parking stalls included. The building has a rooftop patio with views of the North Shore. Railtown’s trendiest restaurants surround the property, such as Italian eatery Ask for Luigi and Vancouver Urban Winery. 
 
The building is located at 395 Railtown St., Vancouver. 
 
 

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