Two industrial properties near Commercial Drive sold for $3.89M

The properties have development potential under the Grandview Woodlands Official Community Plan

By
for Western Investor
May 9, 2019





venables
 
Two prime industrial-zoned investment properties just west of Commercial Drive have sold for $3.89 million, Macdonald Commercial Real Estate Services reports. 
 
The two properties total 8,052 square feet with 24,256 square feet of buildable area. The properties have development potential under the Grandview Woodlands Official Community Plan.
 
The properties are located at 1648 and 1654 Venables St., Vancouver. 
 

Breakdown: 

 
Price: $3,898,900
Lot Size: 8,052 SF 
Property Type: Industrial 
Zoning: 1-2 
Date of Sale: 05/03/2019 
City: Vancouver    
Province: B.C. 
Name of Brokerage: Macdonald Commercial Real Estate Services Ltd. 
 

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Stuart specializes in commercial investment sales and has sale experience in the United Kingdom, Australia, and Canada.

Macdonald Commercial Real Estate Services Ltd.
1827 West 5th Avenue
Vancouver, BC V6J 1P5
Office: 604-736-5611

Nick has been in the commercial real estate industry in Metro Vancouver and the Fraser Valley since 2006.

Macdonald Commercial Real Estate Services Ltd.
1827 West 5th Avenue
Vancouver, BC V6J 1P5
Office: 604-736-5611

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