FOR SALE
430-436 West Pender Street Vancouver | BC
Downtown Vancouver Development Site
Opportunity to construct a boutique rental or market condo development on the edge of Vancouver’s trendy Gastown neighbourhood.
COLLIERS INTERNATIONAL SIMON LIM JAMES LANG JESSICA HATHAWAY 200 Granville Street, 19th Floor PERSONAL REAL ESTATE CORPORATION Vancouver, BC V6C 2R6 EXECUTIVE VICE PRESIDENT SENIOR ASSOCIATE ASSOCIATE TEL: 604 681 4111 DIR +1 604 661 0882 DIR +1 604 661 0868 DIR +1 604 694 7227 collierscanada.com [email protected] [email protected] [email protected] FOR SALE 430-436 West Pender Street // Vancouver // BC
Opportunity to be in the centre of a vibrant community
Located on the border of Downtown Vancouver’s Gastown and Central Business District (CBD) areas, the property offers close proximity to numerous employers, restaurants, bars, and retailers, offering the perfect blend of amenities to employers and residents.
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Minor Street A FOR SALE 430-436 West Pender Street // Vancouver // BC
LOCATION DETAILS PROPERTY SPECIFICATIONS DEVELOPMENT HIGHLIGHTS
• Located near the corner of Pender Street and Civic Address 430 & 436 West Pender Street, Vancouver, BC Projected Population Richards Street, a convenient location within 5 (2020 - 2km radius) 101,135 LOT 3 & 4 BLOCK 35 DISTRICT LOT 541 PLAN minutes walking distance of two Skytrain stations, Legal Plan 210 the Central Business District, and Gastown PIDs: 015-488-161, 015-488-152 Average Household • Situated in the midst of several of the city’s most Income 430 W Pender St: 3,120 SF popular restaurants, bars, cafes, retailers and (2017 - 2km radius) Site Area 436 W Pender St: 3,120 SF fitness studios, offering unparalleled lifestyle Total: 6,240 SF $59,530.07 amenities to residents Located on the south side of West Pender Street • Proximity to world-renowned employers and Rental Apartment Location between Richards and Homer Street, Downtown Vacancy Vancouver post-secondary institutions, making the location (2017) extremely popular with a younger demographic 2.1% DD (Downtown District) Area C2 Height and Density: 75 feet height and 5.00 FSR • Existing zoning provides attractive development for market residential or commercial uses; up entitlements; potential to rezone for additional Average Residential Zoning to 105 feet height and 6.00 FSR feet for 100% density Rental Rate secured market rental residential or buildings $3.75/SF in which social housing comprises 2/3 of the • Capitalize on Vancouver’s extraordinary demand density for downtown condos, rental housing or strata 430 W Pender Street is currently improved with office in a supply-constrained market Skytrain a two-storey retail/office building constructed Access > 5 Mins Current Improvements: circa 1913 and 436 W Pender Street is currently improved with a three-storey retail/office building constructed circa 1909 Asking Price: $15,000,000 Combined Taxes Walk Score™ $60,074.84 98 (2017):
Gastown & CBD OFFER PROCESS
5-minute walk All prospective purchasers will be advised of an offer submission date after an initial marketing period. For more details on the offering please contact the listing brokers. Strata Office $/SF Please do not disturb the tenants. Appointment by private tour only; Please $2,000 contact Colliers for tour information.
FOR SALE 430-436 West Pender Street // Vancouver // BC
SIMON LIM JAMES LANG JESSICA HATHAWAY PERSONAL REAL ESTATE CORPORATION EXECUTIVE VICE PRESIDENT SENIOR ASSOCIATE ASSOCIATE DIR +1 604 661 0882 DIR +1 604 661 0868 DIR +1 604 694 7227 [email protected] [email protected] [email protected] COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, represen- tations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any in- Vancouver, BC V6C 2R6 terested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, TEL: 604 681 4111 conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide collierscanada.com affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.