2525 for Sale
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FOR SALE 2525 MAIN STREET Vancouver | BC Main Street Value Add/Redevelopment Opportunity Located Next To The Future Mount Pleasant Station David Knight Personal Real Estate Corporation Justin Ergas Vice President Associate | Investment 604 661 0817 604 505 9826 [email protected] [email protected] KEY HIGHLIGHTS | > Ideally located near four major arterial roads: Main Street, Broadway, Kingsway, and 12th Ave as well as the 10th Ave bike route which is one of the most active in Vancouver (the main mid-town east-west connector) > In the heart of Vancouver’s fastest growing neighborhood - Mount Pleasant > Strong tenant demand in the immediate area > Directly beside the future Mount Pleasant Station rapid transit SALIENT FACTS | Civic Address 2525 Main Street, Vancouver LOT D, EXCEPT THE WEST 2 FEET NOW LANE, BLOCK 28 DISTRICT LOT 302 PLAN 1246; Legal Description LOT E, EXCEPT THE WEST 2 FEET NOW LANE, BLOCK 28 DISTRICT LOT 302 PLAN 1246 PID 004-914-899; 004-914-902 The subject property is located mid-block on the west side of Main Street north of East Broadway Location in the popular Mount Pleasant neighbourhood. Frontage 50 feet Depth 98 feet Site Area 4,896 SF Building Size 3,700 SF (approximate) Zoning C-3A (3.0 FSR) Kafka's Coffee Commercial Tenants D-Original Sausage Company Gross Taxes (2019) $57,240.35 Asking Price Contact Listing Agents Mount Pleasant - Vancouver’s Fastest Growing Neighbourhood Science World Olympic Village Station 5 2 2 1 6 7 4 2 9 4 Broadway City Future Broadway Future Mount 1 Hall Station City Hall Station Pleasant Station 11 10 6 6 3 1 7 4 3 8 8 2525 MAIN STREET MAIN STREET CAMBIE STREET AMENITIES | RETAIL SERVICES 1. Nesters Market 1. Spin Society 2. Buy-Low Foods 2. Yoga on 7th 3. Kim’s Mart 3. Mount Pleasant Optometry Centre 4. 8th & Main 4. Scotiabank 5. Mark’s 5. Mount Saint Joseph’s Hospital 6. Sport Chek 6. Vancouver General Hospital 7. The Corner 8. Denman Cycles PARKS 9. F as in Frank 1. Guelph Park 2. Jonathon Rogers Park RESTAURANTS /BREWERY 3. Robson Park Future Great Northern Way - Emily Carr Station 1. Como Taperia 2. Fable RECREATION 3. The Cascade Room 1. Mount Pleasant Community Centre 4. Tocador 2. Vancouver Public Library, Mount 5. Brassneck Brewing Pleasant Branch 6. Main Street Brewing 7. 33 Acres 1 8. Sing Sing 9. Thierry 2 5 3 10. Pur and Simple 10 9 11. Ignite Pizzeria 1 Bike Score Walk Score 5 3 97 97 Population Average Household 36,500 Income (2019) $68,855 CURRENT ZONING | The Property is currently zoned C-3A (Commercial district). The intent of this zoning is “to provide for a wide range of goods and services, to maintain commercial activities, specialized services and some light manufacturing enterprises while preserving the character and general amenity of the area and its immediate surroundings, and to provide for dwelling uses designed compatibly with commercial uses”. The maximum density permitted under the C-3A zoning bylaw for any permissible redevelopment is a 3.0 floor space ratio (FSR) or 3 times the site area, which equates to 14,688 buildable square feet (BSF). OFFERING PROCESS | Prospective purchasers are invited to submit Offers to Purchase the Property through Colliers for consideration by the Vendor. Any Offer to Purchase the Property (the “Offer”) is to be submitted to Colliers on the Vendor’s standard offering form; available upon request from Colliers. Colliers International David Knight Personal Real Estate Corporation Justin Ergas 200 Granville Street, 19th Floor Vice President Associate | Investment Vancouver, BC | V6C 2R6 604 661 0817 604 505 9826 +1 604 681 4111 [email protected] [email protected] www.collierscanada.com 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 in- ferred 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). © 2020. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. .