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41W Pender Street 41 W PENDER STREET For Sale Rare Redevelopment Opportunity in Vancouver’s Coveted Crosstown 41 W PENDER DEVELOPMENT-READY INVESTMENT OPPORTUNITY SUBJECT PROPERTY DOWNTOWN Sun Tower by Allied Properties Lotus Hotel by Pacifi c Reach YALETOWN Woodward's Building BC Place GASTOWN 95 W Hastings Street Rogers Arena by Holborn International Village CROSSTOWN CHINATOWN Old BC Electric Building by Anthem Properties Burns Block by Reliance Properties LOCATION 41 West Pender Street is located in between Abbott and Carrall Streets in the The subject property is also conveniently situated in close proximity to both the Stadium-Chinatown and coveted Crosstown district of Downtown Vancouver, strategically positioned Waterfront Skytrain Stations, the SeaBus Terminal, West Coast Express, and several public parkades. This in between the Central Business District, Gastown, Chinatown and Yaletown. exceptional combination of businesses and amenities makes Crosstown a vibrant and exciting place for school, The neighbourhood is home to many award-winning restaurants including work and play. Calabash Bistro, Chambar, and PiDGiN, along with many international retailers Nearby Developments: such as COS by H&M, LightForm, Inform Interiors, Herschel Supply Co., Roden Old BC Electric Building by Lotus Hotel by Burns Block by Gray and many others. In addition, multiple emerging design fi rms, high-tech companies, and sub-campuses for educational institutions like Simon Fraser University and Vancouver Film School have established in the area. 95 W Hastings Street by Sun Tower by 41 W PENDER SALIENT FACTS DEVELOPMENT OPPORTUNITY Civic Address 41 West Pender Street, Vancouver BC Total Lot Size 6,000 SF (approx.) Site Dimensions 50 ft x 120 ft PID 030-971-934 Legal Description Lot 1 Block 29 District Lot 541 Plan EPP95838 Current Zoning DD – Comprehensive Development Property Tax $56,063.41 Asking Price $13,998,000 Existing Improvements The site is currently improved with a 4 storey plus lower level warehouse building, which is a hybrid of concrete, concrete block, steel frame with solid wood joists and concrete topping built in the 1950s. The façade is cast in place concrete, front and back, with composite masonry block fi rewalls. Proposed Project* The proposed redevelopment of 41 West Pender Street will be a stylish mixed-use project, which will be an exciting addition to the vibrant Crosstown neighbourhood. The lower level will house a fi tness centre, bike storage and storage lockers. There will be a fresh and modern new lobby with passenger elevator, and the main and mezzanine fl oors will feature retail and restaurant uses. Floors 2 to 4 will feature industrial-style offi ce space and the 5th and 6th fl oor additions will house 16 modern residential units (market rental). FSR 5.5 (proposed) Gross Building Area 40,762 SF (proposed) Proposed Uses Commercial Retail: 4,772 SF (approx.) Offi ce: 18,486.50 SF (approx.) Secured Market Rental Residential: 9,782 SF (approx.) Plus: The lower level will house the fi tness centre, bike room and residential storage lockers 41 W PENDER *All detailed architectural plans and drawings will be included in sale. ARCHITECTURAL DRAWINGS Roof Level 6 Level 5 41 W PENDER ARCHITECTURAL DRAWINGS Level 2-4 Mezzanine Main 41 W PENDER ARCHITECTURAL DRAWINGS Basement Storefront 41 W PENDER Burrard Landing Canada Place W W Co Ha rdov stin a St gs St Water StMiku Vancouver W Bentall Centre W ate rfro nt Alexander St Blood Alley 16 Rd W Wa terf 14 ron W Hastings St Waterfront t R Burrard W Cordova St d 9 5 12 4 t Rd Powell St fron t ter S Crab Park Wa e W w Gastown Vancouver at Portside o H Steam7 clock Vancouver 13 t rt St S a Urban Winery tew W s S ate Downtown r r St e C g e o n C 25 CF Pacific Centre Eastside ten R n l Homer St 8 ial a Rd r 20 k Graville Powell St D M 29 Powell St art St 3 tew r 2 Powell St S Vancouver City Centre GASTOWN Oppenheimer M Vancouver Police Park 18 Franklin St Hamilton St W Pender St E HastingsMuseum St & Archives E Cordova St E Cordova St Downtown 1 Columbia St 1 West Hastings28 Street E Hastings St E Hastings St Robson St r E Hastings St M W 23 t 10 e D c Queen Elizabeth Theatre o v S L o e A k e d a r a 41 W PENDER ST v e l a n E Pender St n e a l v E Pender St l n Cambie St 19 A Epender St o t D d Vancouver Public l A s C l r a E Pender St r D k e e E Pender St u r G c b Library,Central Library Main St 22 24 H l a p m Vancouver e y J n m a D Frances St 30 Chinatown Festival a R r r C Stadium-Chinatown Keefer St D EA 15Andy 6 Keefer St t R n A o Beatty St S S E n Abbott St T r m ie IA Livingstone i b D e th E Phnom Penh E Geogia St m V e a IMM Keefer St Park E Geogia St S C E Geogia St t Roger Arena N 21 Ex e po Adanac ls Bi Union St St o Carrall St 11vd n 17 Union St Union St S t E Georgia St BC Place Venables St Prior St Venables St e V Dunsmuir 27Viaduct M v Q e c A r u e L 26 n r v e e o u a A n K b n m L s Parker St e D A y D c w W r a E C YALETOWN T a r U S R l IN H a M t 5 r k Park Vancouver D Napier St Georgia Viaduct Creekside Park r William St M Science World at Telus alk VANCOUVER STRATHCONA in A World of Science ve Coopers Park Charles St N Pacific Blvd RESTAURANTS BARS & CAFÉS SERVICES & CULTURE 1. Calabash Bistro 11. DALINA 21. Andy Livingstone Park 2. PiDGiN Restaurant 12. Milano Espresso Lounge 22. Dr. Sun Yat-Sen Classical Chinese Garden 3. Nicli Antica Pizzeria 13. Tuc Craft Kitchen 23. Rennie Museum 4. Rodney’s Oyster House 14. Six Acres 24. Chinese Cultural Centre Museum 5. The Diamond 15. The Keefer Bar 25. Victory Square 6. Bao Bei 16. LOCAL Gastown 26. Rogers Arena 7. Bauhaus 17. Matchstick 27. Crosstown Elementary School 8. Wildebeest 18. Darby’s Gastown 28. Rickshaw Theatre 9. L’Abattoir 19. Jam Cafe 29. Imperial Vancouver 10. Bestie 20. Lost + Found Cafe 30. Stadium-Chinatown SkyTrain Station 41 W PENDER Note: Artist renderings and pictures contained in this brochure inspired the design of the proposed project and are for discussion purposes only. 41 W PENDER DEVELOPMENT-READY INVESTMENT OPPORTUNITY ROBERT THAM JORDAN ENG Corbel Commercial Inc. Success Realty & Insurance Ltd. 604.618.4355 | [email protected] 604.728.0883 | [email protected] MARC SAUL* WILLOW KING Corbel Commercial Inc. Corbel Commercial Inc. 604.609.0882 Ext. 222 | [email protected] 604.609.0882 Ext. 221 | [email protected] *Personal Real Estate Corporation Corbel Commercial Inc. | 632 Citadel Parade Vancouver BC | www.corbelcommercial.com E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verifi ed. All measurements quoted herein are approximate. .
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