Seen as a prime light industrial site, a 2,662 square-foot corner lot in Vancouver's Mount Pleasant area sold for $2.75 million, $100,000 below asking but $210,000 above its assessed value, reports Macdonald Commercial.
Breakdown:
Property type: Light industrial
Location: 275 West 6th Avenue, Vancouver
Property size: 1,947 square feet
Lot size: 2,662.52 square feet
Zoning: I-1 (light industrial)
Floor space ratio: FSR 3
BC Assessment value: $2.54 million
List price: $2.85 million
Sale price: $2.75 million
Date of sale: February 14, 2020
Brokerage: Macdonald Commercial
Brokers: Stuart Wright and Nick Goulet
