A retail/office complex of 21,600 square feet on a 9,000-square-foot lot in North Vancouver's Lower Lonsdale, zoned for mixed-use development, sold for $14.48 million reports Avison Young.
Breakdown:
Property type: Retail (development site)
Location: 120 Lonsdale Avenue, North Vancouver
Property size: 21,600 square feet
Number of units: 3
Lot size: 9,000 square feet
Zoning: LL-2 (mixed-use)
Floor-space ratio: 2.6 FSR plus 1.0 FSR bonus
Sale price: $14.48 million
Date of sale: February 14, 2020
Brokerage: Avison Young, Vancouver
Broker: Matt Thomas
