For Sale: Yaletown Opportunity
SIMON LIM 1317 Richards Street, Vancouver, BC 604 661 0882 [email protected] KEY FEATURES
JOHN BOER* >> 6,000 square foot site located on the doorstep 604 662 2659 of Vancouver’s Yaletown on Richards and Drake [email protected] Streets. >> DD (L1) zoning provides base density of 3.0 FSR.
>> Steps from multiple amenities including cafes, COLLIERS INTERNATIONAL restaurants, shopping, parks and the seawall. 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 >> Close proximity to the Canada Line, transit routes, 604 681 4111 bike paths and water taxis. www.collierscanada.com LOCATION
STANLEY PARK
DOWNTOWN
BURRARD STREET BRIDGE YALETOWN
GRANVILLE STREET BRIDGE
The Property is located on Richards Street near the corner of Drake Street in Vancouver’s Yaletown neighborhood. All Downtown Vancouver amenities are in close proximity, including Yaletown’s finest shopping and restaurants. The Property is situated three blocks from the Yaletown-Roundhouse Canada Line Station and is within walking distance to several bus routes.
Considered one of Downtown Vancouver’s premier residential neighbourhoods, Yaletown continues to cater to a relatively affluent residential base that primarily live in small single-person households. The area has seen a significant number of recently completed and under construction residential developments.
ZONING
The site is currently zoned Downtown District DD (L1), which provides for a density of 3.00 FSR with the following exceptions:
>> The maximum density for all uses for a site with social housing shall be floor space ratio 5.00 provided that social housing comprises more than two-thirds of the floor space ratio;
>> The maximum density for all uses on a corner site with a minimum frontage of 175 feet and a minimum site area of 21,000 square feet shall be floor space ratio 5.00; and
>> The maximum density for all uses on an interior site with a minimum frontage of 200 feet and a minimum site area of 24,000 square feet shall be floor space ratio 5.00. FOR SALE > 1317 Richards Street, Vancouver, BC
SITE DESCRIPTION
The site is flat and rectangular in shape with approximately 50 feet of frontage on Richards Street with 120 feet of depth for a total site area of 6,000 square feet.
It is currently improved with a one-storey ambulance service station.
LEASEBACK
The Property is to be leased back to British Columbia Emergency Health Services until February 28, 2015.
LEGAL
Lots 35-36, Block 114, District Lot 541, Land District 36, Plan VAP 210 PID: 012-594-091; 015-495-523.
OFFERING PROCESS
Offers will be considered on or after March 14, 2014 and are to be submitted on the Vendor’s standard offering form, available upon request.
Due diligence information is available to all interested parties. For further information, please contact the listing brokers.
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CONTACT US Old Bridge Str Av S r 1 3 A ve 3 A ve 3 A ve
SIMON LIM* 604 661 0882 [email protected]
JOHN BOER* 604 662 2659 [email protected]
COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 604 681 4111 www.collierscanada.com SITE PLAN
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation. JH 02/2014