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Vancouver 6,000-square-foot Crosstown site sells for $9.5 million

Lot on West Pender Street has current commercial income potential and is approved for a mixed-use of retail, office and 16 units of residential rentals
Corbel Commercial Inc., Vancouver, for Western Investor

Property type: Redevelopment site

Location: 41 West Pender Street, Vancouver

Lot size: 6,000 square feet

Zoning: CD (Comprehensive development).

Floor space ratio: 5.5 FSR (proposed).

Gross building area: 40,762 square-feet (proposed).

Sale price: $9.5 million

Brokerage: Corbel Commercial Inc., Vancouver

Brokers: Marc Saul and Robert Tham