Partnership. Performance. SE MARINE DRIV E EET R ST DEN R BO FOR SALE Aerial image courtesy of Google, DigitalGlobe Avison Young is pleased to present the opportunity to purchase a 1.413-acre corner site with holding 1598 income and unmatched exposure onto Marine Drive SE MARINE DRIVE in South Vancouver. VANCOUVER, BC Ryan Kerr*, Principal Dan Smith, Associate 604.647.5094 604.646.8397
[email protected] [email protected] *Personal Real Estate Corporation Nabila Lalani, Client Services Coordinator 604.647.1342
[email protected] SOUtheAst MARINE DRIVE 1598 VANCOUVER, BC Property Details Opportunity Avison Young is pleased to present the opportunity to purchase a Address rare, 1.413-acre property with unmatched exposure onto Marine Drive. 1598 S.E. Marine Drive, Vancouver, B.C. The site boasts excellent frontage in South Vancouver providing excellent access to Downtown & all of Metro Vancouver. Legal Description PL BCP12037 LT A BLK C DL 327 LD 36 Group 1 Location The property is located at the corner of Borden Street and SE Marine PID Drive in Vancouver, BC. The site is adjacent to the Knight Street 025-973-673 Bridge, allowing ease of access to all of Metro Vancouver. Site Size 1.413 Acres (60,550 sf) Zoning I-2 (Light Industrial) allows for a wide range of industrial uses such as Building Size wholesale, distribution, transporation/storage and light manufacturing. Approximately 21,000 sf Asking Sale Price Exposure / Traffic Count $3,988,000 - Knight Street has exposure to over 65,000 vehicles per day (2013) Property Taxes - Marine Drive has exposure to over 60,000 vehicles per day (2013) $36,917.28 (2014 estimate) Holding Income Features $60,000 Net Operating Income - Convenient corner location - South Vancouver location (approximately) - Significant development opportunity - Major thoroughfare on Southeast Marine drive - Excellent retail exposure - 100’ of frontage SE MARINE DRIVE Subject Property K GHT ST GHT NI R EET Aerial image courtesy of Google, DigitalGlobe.