Powell Street building comprising 4,490 square feet of industrial space has sold for $4.15million, report CBRE and Cushman & Wakefield. The 6,000-square-foot lot is zoned industrial at a floor-space-ratio of 3.0.
Breakdown:
Property type: Light industrial
Property location: 1918 Powell Street, Vancouver
Building size: 4,490 square feet
Zoning: Industrial FSR 3
Lot size: 6,000 square feet
List price: $4.49 million
Sale price: $4.15 million’
Date of sale: March 18, 2020
Brokerages: CBRE Vancouver, Cushman & Wakefield
Brokers: Angus Tone of CBRE with Andrew Hudson and Bow Iravina of Cushman & Wakefield