2523-2575 Nanaimo Street (Assembly).Indd

Home , Downtown Vancouver, East Vancouver

FOR SALE 2523, 2531, 2537 & 2575 NANAIMO STREET VANCOUVER, BC

DDOWNTOWNOWNTOWN VVANCOUVERANCOUVER

EEXPOXPO LLINEINE

E M LIN NNIU MMILLENNIUMILLE LINE

EEAST BROADWAY OPPORTUNITY HIGHLIGHTS A S T B • 6 storey mixed-use development R O E A opportunity in Metro Vancouver’s U D W N Grandview-Woodland E A V Y A AVENUE Neighbourhood H TTH 0 1

T • 5 lot assembly site with stable in- S A place holding income EEAST 10

• Highly accessible location at the conﬂ uence of East Vancouver’s east-west transit thoroughfares

• 10 minutes on foot to the rapid transit Millennium and Expo Lines NNANAIMOANAIMO STREETSTREET

Boe Iravani Lee Blanchard Andrew Hutson Personal Real Estate Corporation Executive Vice President Associate Vice President, Commercial Sales & Leasing 604 640 5838 604 608 5900 604 640 5837 [email protected] [email protected] [email protected]

Suite 700 - 700 West Georgia Street / PO Box 10023, Pacifi c Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefi eld.com OPPORTUNITY GRANDVIEW-WOODLAND PLAN Cushman and Wakefi eld is pleased to present to the market the opportunity to acquire a 5 lot assembly (the “Property”) in Metro Vancouver’s Grandview-Woodland neighbourhood. The Property is comprised of 5 lots totaling 22,919 sq.ft. and falls within LEGEND the Grandview-Woodland Plan which allows for mixed-use development potential of up to 6 storeys / 73,339 sq.ft. on the site. Plan Area Boundary The Property is currently improved with 4 buildings comprised of: an in-use church, a restaurant, a two-tenant single storey commercial building, and a single-family home – all SkyTrain Station of which provide a holding income opportunity throughout the rezoning process. SkyTrain Line

SALIENT DETAILS School / Park Institutional Civic Addresses 2523, 2531, 2537 & 2575 Nanaimo Street, Vancouver, BC Four-Storey Mixed-Use (C-2): City-Initiated Rezonings PL VAP2654 LT 13 BLK 165 DL 264A LD 36. GROUP 1, EXC W 2 FT NOW LANE, OF LOT 1. Six-Storey Mixed-Use (C-2): PL VAP2654 LT 11, 12 BLK 165 DL 264A LD 36. GROUP 1, Privately-Initiated Rezonings OF LOT 1. Legal Descriptions Nanaimo Shopping Nodes PL VAP2654 LT 9 BLK 165 DL 264A LD 36. GROUP 1, EXC W 2 FT NOW LANE, OF LOT 1, LOT 10, BLOCK 165, PLAN VAP2654, DISTRICT LOT 264A, GROUP 1, NEW WESTMINSTER LAND DISTRICT, EXC W 2 FT NOW LANE, OF LOT 1.

003-249-166, 010-830-375, 013-551-701, PIDs 013-551-922 & 013-551-906

Total Width 165 ft

Total Depth 138 ft - 140 ft

Total Site Area 22,919 sf

Combined Assessed Value $6,707,500

Current Zoning C-1 - 1.2 FSR LOCATION: GRANDVIEW-WOODLAND Grandview-Woodland is considered one of Vancouver’s most diverse Up to 6 Storeys Mixed-Use; Land Use Designation & FSR neighbourhoods, located in the City of Vancouver’s northeastern precinct bounded Residential with Commercial at grade / 3.2 FSR by East 12th Avenue to the south, Burrard Inlet to the north, Clark Drive to the west and Nanaimo Street to the east. CAC’s (Fixed) $67.13 /ft* The area is well-known for its vibrant mixture of commercial, industrial single-family Estimated Buildable Area** 75,339 sf and multi-family residential pockets and is anchored by its well-known trendy Commercial Drive retail corridor. *Based On Bonus Density Above Base Density **Based On 3.2 FSR Allowed Under The Grandview Woodland Plan The community is characterized by its extensive stock of early 20th century homes, places of cultural signifi cance and charming streetscapes. The community’s geographic location links the area into broader transit networks for walking, cycling, vehicles and public transit and Broadway-Commercial Station – the area’s most signifi cant rapid transit interchange – is situated at its southern end. PROPERTY HIGHLIGHTS • Strategically located along the recently upzoned Nanaimo Street corridor, which will see redevelopment of large swaths of the area in the coming years • Highly accessible location 10 minutes on foot of Metro Vancouver’s rapid transit Renfrew and Commercial Broadway SkyTrain stations (Commercial Broadway is the busiest station in the region with over 90,000 station trips and 60,000 bus trips each day) • Stable in-place and diversifi ed holding income across four buildings, inclusive of a church, commercial and residential revenue streams 140 FT • Two blocks north of Grandview Highway, a key east-west arterial with direct access and bus service to the downtown core and the TransCanada Highway (Highway 1) • The City of Vancouver is constructing protected bike facilities along Nanaimo Street, as part of a ‘complete street’ redesign in the recently amended and approved area Plan • Located in walking distance to greenspaces including John Hendry Park, Clark Park and Beaconsfi eld Park and the fi tness and athletics facilities at nearby Trout Lake Community Centre • Well supported by surrounding educational establishments including LaSalle College, Vancouver 165 FT Community College, Vancouver Technical Secondary, Gladstone Secondary, Westside Montessori Academy, Laura Secord Elementary and Lord Beaconsfi eld Elementary, all within walking distance to the Property. • The Property is serviced by several retail corridors including the Safeway-anchored retail village 4 NNANAIMOANAIMO STREETSTREET blocks west at Commercial Drive and the Rona-anchored retail plaza 3 blocks east at Renfrew

BBRENTWOODRENTWOOD

NNANAIMOANAIMO STREETSTREET

EEAST 10 A S Y T 1 A 0 TTH W H D AVENUE A A O V R E B N T U S E A EEAST BROADWAY FOR SALE 2523, 2531, 2537 & 2575 NANAIMO STREET VANCOUVER, BC

NNORTHORTH SHORESHORE

SSTANLEYTANLEY PARKPARK

DDOWNTOWNOWNTOWN VANCOUVERVANCOUVER

EEAST 12 A S T CCOMMERCIAL-BROADWAYOMMERCIAL-BROADWAY L DRIVE 1 MMERCIA 2 TTH CCOMMERCIALO DRIVE H SSTATIONTATION AAVENUE V E N E U EEXPOXPO LINELIN E

LLAURAAURA SSECORDECORD EELEMENTARYLEMENTARY SSCHOOLCHOOL EET MO STR NNANAIMOANAI STREET TTROUTROUT LAKELAKE CCOMMUNITYOMMUNITY CENTRECENTRE

EEAST BROADWAY AS T VVANCOUVERANCOUVER BR TTECHNICALECHNICAL SECONDARYSECONDARY OA DW AY

GGRANDVIEW HIGHWAY RA MMILLENNIUM LINE N IL OFFERING PROCESS DV LE IITALIANTALIAN IE N W NI CCULTURALULTURAL CENTRECENTRE H UM I A bid date will be conveyed to GH LI W NE AY registered parties at a later date. Contact the listing agents to RRENFREWENFREW receive a bid date notiﬁ cation SSTATIONTATION LLASALLEASALLE CCOLLEGEOLLEGE OOFF VANCOUVERVANCOUVER and to request access to the Due Diligence dataroom.

E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakeﬁ eld ULC 09/18 gh