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Gastown building and parking lot trade at $11.5 million

Deal includes renovated 26,826-square-foot commercial building and an adjacent parking lot with a combined land size of 0.40 acres in the heart of Vancouver's Gastown
Corbel Commercial Inc., Vancouver, for Western Investor
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Corbel Commercial Inc., Vancouver, for Western Investor

Property type: Commercial investment

Location: 211 Columbia Street and 88 Powell Street, Vancouver

Building size: 26,826 square feet (rentable)

Land size (total): 17,514 square feet

Land size (total) in acres: 0.40 acres

Zoning: HA-2 (Heritage)

List price: $12.99 million

Sale price: $11.5 million

Brokerage: Corbel Commercial Inc., Vancouver

Brokers: Marc Saul and Robert Tham