The Biercraft bar and restaurant site on Cambie Street in Vancouver has sold. The 11,193-square-foot property, which includes three other retail units, sold for $12.5 million, about $700,000 below its assessed value.
Breakdown:
Sale price: $12.5 million
BC Assessment value: $13.23 million
Property type: Retail
Address: 3305-3317 Cambie Street
City: Vancouver, B.C.
Year built: 1947
Number of units: 4 retail units with basement.
Building size: Approx. 8,000 square feet
Lot size: 11,193 square feet
Date sold: July 31, 2019
Zoning: C-2 (potential for six storeys)
Brokerage: Macdonald Commercial
Agent: Eric K. Poon
