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Gastown mixed-use complex on 0.42-acre lot fetches $42 million

The 80,993-square-foot multi-family/office complex on East Cordova Street, Vancouver, has institutional holding income with redevelopment potential
Colliers, Vancouver, for Western Investor
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Colliers, Vancouver, for Western Investor

Property type: Multi-family mixed use

Location: 119 East Cordova Street, Vancouver

Size of building: 80,993 square feet

Land size: 18,300 square feet

Land size in acres: 0.42 acres

Zoning: HA-2 (Historic Gastown Area)

Potential: Residential or commercial redevelopment

Sale price: $42 million

Brokerage: Colliers, Vancouver

Brokers: Dan Chatfield, Steve Frame