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FOR SALE 670 EAST BROADWAY VANCOUVER INVESTMENT PROPERTY WITH FUTURE REDEVELOPMENT FOR FURTHER INFORMATION CONTACT: CORY WILLIAM WRIGHT 604-839-4173 [email protected] WILLIAMWRIGHTCOMMERCIAL.COM LOCATED ON THE CORNER OF EAST BROADWAY AND FRASER STREET

FOR SALE · for sale 670 east broadway vancouver investment property with future redevelopment for further information contact: cory william wright 604-839-4173

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FOR SALE 670 EAST BROADWAY VANCOUVER

INVESTMENT PROPERTY WITH FUTURE REDEVELOPMENT

FOR FURTHER INFORMATION CONTACT:

CORY WILLIAM WRIGHT

604-839-4173

[email protected]

WILLIAMWRIGHTCOMMERCIAL.COM

LOCATED ON THE CORNER OF EAST BROADWAY AND FRASER STREET

PRIME COMMERCIAL INVESTMENT CORNER

PROPERTY

FOR FURTHER INFORMATION CONTACT:

CORY WILLIAM WRIGHT

604-839-4173

[email protected]

WILLIAMWRIGHTCOMMERCIAL.COM

EAST BROADWAY FR

ASER

STREET

CURRENT DEVELOPMENT

THE OPPORTUNITY

Located on the corner of East Broadway and Fraser Street

in the rapidly growing Mount Pleasant neighbor hood this

corner double lot offers 2 floors with retail and residential

units offering both long term investment potential or a

future redevelopment site. A full financial package and

leases are available upon request.

BUILDING NOTES

RETAIL UNITS: 2 - A CONVENIENCE STORE AND RESTRURANT

RESIDENTAIL UNITS: 14

ANNUAL GROSS/NET INCOME: CONTACT LISTING AGENT

MONTHLY RENT ROLL: CONTACT LISTING AGENT

LOT SIZE: 8054 * SQ FT APPROX (670 AND 680 E BROADWAY)

FOR FURTHER INFORMATION CONTACT:

CORY WILLIAM WRIGHT

604-839-4173

[email protected]

WILLIAMWRIGHTCOMMERCIAL.COM

Legal descriptions:

Lot 12 BL 156 Plan VAP390

District 264A

Lot 11 BL 156 Plan VAP390

District 264A

PID(s):

015-315-631

015-315-622

Zoning:

C-2C

3 FSR (approximately 24,156

sq ft buildable)

4 stories with 2 commercial

and 2 residential

Asking Price:

$5,998,000.00

FOR FURTHER INFORMATION CONTACT:

CORY WILLIAM WRIGHT

604-839-4173

[email protected]

WILLIAMWRIGHTCOMMERCIAL.COM

EAST BROADWAY Overall Concept Plan

Revitalize Broadway East, attracting a mix of business and residential development, providing more shops and services within walking

distance, includ-ing provisions for more medical and dental services. Ensure that Broadway East be kept more local in scale than the

Uptown area.

• Require ground floor retail to animate the street, with office space and social services located on the second and/or third stray, with

residential higher up.

• Arts and cultural spaces, including space for individual artists (e.g., studio, support, production, and presentation spaces) should be

expanded to serve the large artist population; encourage small storefronts (especially chronically vacant spaces) to be used as galleries/

studios.

• Seek ‘quality’ in design of new buildings, with good quality materials and interesting detailing, including some inner courtyard

designs (e.g., Camp-bell Court) for new development.

• Retain existing density and height limits up to 4 storeys on the south side of Broadway, maintaining sun access to commercial

sidewalks, views to the north, and existing scale of new development. Pursue additional density and height beyond that permitted

under the current C-2C zoning for mixed-use developments on the north side of Broadway to increase private investment in the

Broadway East shopping area, and contribute to public benefits (e.g., cultural amenities and public realm improvements).

• Allow up to 6 storeys for mixed-use developments along the north side of Broadway between Prince Edward and Prince Albert

Streets; investigate permitting additional height during plan implementation (see Section 6.1 c.).