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324 W 12th Avenue Vancouver, British Columbia V5Y 1V2

1645 sqft

$3,498,000

An exceptional opportunity to acquire two consecutive 50'x125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue are currently held as long term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver and 150' of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties! (id:12562)

Property Details

MLS® Number C8060275
Property Type Vacant Land
Neigbourhood East Vancouver
Features Lane
Road Type Paved Road

Building

Constructed Date 1944
Size Interior 1645 Sqft

Land

Acreage No
Size Irregular 6250
Size Total 6250 Sqft
Size Total Text 6250 Sqft
Zoning Description Rt-6

Utilities

Electricity Available

https://www.realtor.ca/real-estate/26943772/324-w-12th-avenue-vancouver

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Patrick Weeks
PREC*, Roch & Weeks Real Estate Group

(604) 803-9335
www.patrickweeks.ca/

RE/MAX Select Properties
6158 East Boulevard
Vancouver, British Columbia V6M 3V6

(604) 737-8865
www.rspvan.com/

Seva Roberts
PREC*, Vancouver Rental Group

(604) 537-4399
www.vancouversalesgroup.ca/

RE/MAX Crest Realty
#300 - 1195 West Broadway
Vancouver, British Columbia V6H 3X5

(604) 602-1111
(604) 602-9191
remaxcrest.ca/

Devin Roch
PREC*, Roch & Weeks Real Estate Group

(604) 374-8601
www.rochandweeks.ca/

RE/MAX Select Properties
6158 East Boulevard
Vancouver, British Columbia V6M 3V6

(604) 737-8865
www.rspvan.com/

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