Partnership. Performance. RETAIL SPACE FOR LEASE Premium Gastown Retail Opportunities 332 Prominent and high exposure retail WATER STREET opportunities at Le Magasin, an iconic building VANCOUVER, BC with a brick façade in historic Gastown. Justin Omichinski*, Vice-President Jake Luft, Associate 604.646.8387 604.647.1340 [email protected] [email protected] *Justin Omichinski Personal Real Estate Corporation James Shandro, Vice-President 604.647.5073 [email protected] WATER STREET 332 VANCOUVER, BC Property Details Opportunity Le Magasin is an iconic heritage building, with frontages on Water Street Rentable Area and the alley on the north side of West Cordova Street, in the historic district of Gastown. Unit #110* 428 sf Unit #120* 639 sf Location Unit #170 1,250 sf Gastown is the celebrated core of Vancouver, and is the city’s earliest, most Unit #235 1,959 sf historic area of commercial buildings and warehouses. Built in 1912, Le *Can be combined Magasin is valued as an early shopping arcade building in Vancouver. The covered passage, with shops on both sides, serves the bustling Available community with commercial and retail services. Its unique location allows frontages on two sides, and is joined by an internal walkway that connects Immediately Water, West Cordova and Homer Streets. The south façade fronts on an alley, but the irregular street grid allows a prominent exposure to the south. Lease Rate Gastown has become known as “the” spot for dining, shopping, tourism, and night life. Upper Floor: $45.00 psf per annum Lower Floor: $35.00 psf per annum Features Excellent exposure onto Water Street in Gastown boasting frontage on Operating Costs ✓ two sides $12.00 psf per annum ✓ In proximity to Waterfront Station (transit) Masonry construction with yellow brick façade on Cordova Street and Zoning ✓ red brick façade on Water Street HA-2 (Historic Area) ✓ Stepped parapet above West Cordova Street entrance Pedestrian Count Total pedestrians on a weekday from 10am to 6pm on 9,458 Water Street east of Richards Street (Source: City of Vancouver 2013) Demographics Estimates and projections 1 km 3 km 2016 projected population 21,453 166,207 2018 projected population 21,720 169,271 2016 projected avg. household income $79,122 $80,354 2018 projected avg. household income $86,881 $85,983 2013 daytime population 114,954 334,796 2013 daytime employees 104,757 273,902 Median Age 35.7 38 Source: PCensus Floor Plan Upper Floor #235 1,959 sf Water Street #120 639 sf #110 428 sf Lower Floor #170 1,250 sf Water Street COLUMBIA STREET 99 L’abbattoir 91 Bambuddha ttoo 103 Incendio 59 62 Liquid Amber Ta The Dugout 55 56 EZ Dog 55 Warwick Hotel 52 Rodney’s Oyster House Sea Monster Sushi 51 Terracotta 49 Stussy 45 50 Vacant Inventory 43 Hotel Europe 41 Kimprints 36 Milano Coee Roasters EAST CORDOVA STREET CORDOVA EAST EAST WATERFRONT STREET WATERFRONT EAST 26 The Sardine Can 28 Salty Tongue POWELL STREET POWELL ALEXANDER STREET ALEXANDER 12 Lily Mae’s Comfort Cafe 8 Sitar Indian 6 The Diamond 6 Cork & Fin 4 Hot Pie Pizza 7 2 Board of Trade Co. Portside Pub Irish Heather Gastropub 3 210 Chill Winston CARRALL STREET 213 205 Vera’s Burgers Ole Boot Corral 2 Peckinpah 8 Roden Gray Secret Location 1 10 Coee Bar Aeosop 19 12 Shirakawa 12 Neighbour 14 Nicole Bridger Eye Land 45 Spirit Wrestler Gallery 47 18 COS by H&M 28 Orling & Wu 32 Mosquito 44 Litcheld Old Spaghetti Factory 53 44 M0851 Michelle’s 57 50 Inform Interiors WATER STREETWATER WEST WATERFRONT STREET WEST CORDOVA STREET John Fluevog Shoes 65 66 Rain Ultra Night Club Souvenir Shop 68 World Wrap Place Twisted Ice Cream 73 B & B Italia 97 92 The Lamplighter ABBOTT STREET 102The Flying Pig Aveda101 104Meadow Gifts 108Gassy Jack Cigar Parliament Interiors 115 112Vacant Smart Mouth Coee 117 114Menu Skate Shop Poppy & Rye Bonway Jewelry 121 House of McLaren 125 131 Kitchen & Bar (201) Dierencia (203) Strands Hair 131 (205) Cottage Deli Restaurant Souvenir Shop 137 Imperial Fur & Gift 139 142Vancouver Film School Kit and Ace 151 Kokko157 The Latest Scoop 159 Hill’s Native Art 167 162Pourhouse Restaurant 164David’s Tea Souvenir Shop 171 170Delane Canada The Black Frog Starbucks 199 108 CAMBIE STREET Lumas 305 300Water St. Café 308Silver Gallery 306Remedy Gastown Ammolite Museum 313 312Coastal Peoples Gallery Silvestre Gusto Latino 317 312Playheads Tantra Fitness Organic Trees Coee 322 A Thinking Ape Hudson House Trading Geos Language Plus Al Porto Restaurant 321 OHC Discover Your World WESTCOAST Sightseeing GSC Graphic Solutions Canada Gastown Grooming Room Mexi-Can Holidays 332 La Joia Jewellery Serendipity Consignment Suraj Fashions & Gifts 339 Evo Car Share Brioche Urban Eatery 342Vacant HOMER STREET Oriental Rug Bazaar 347 346Cigar Connoisseurs 348Souvenir Shop Oak + Fort 355 350Honey’s WATER STREETWATER 350MIA Nightclub WEST CORDOVA STREET Smiley’s 359 354One of a Few Whitecaps FC Store 356The Espresso Bar Momo Sushi Chic Winds Jewelry Jade Vancouver C & K World 375 Gener8 Digital Media Subject Property Fleet St. Convenience Bryan of London Barber Fashion Kitanoy Guu Restaurant Service Canadian Maple Delights 385 Financial Artinas Jewelry 387 WEST HASTINGS STREET Roger’s Chocolates 389 Food & Drug Restaurants & Hospitality Steamworks Pub & Liquor Store 375 General Merchandise RICHARDS Vacant STREET Partnership. Performance. Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada Justin Omichinski*, Vice-President Jake Luft, Associate avisonyoung.com 604.646.8387 604.647.1340 [email protected] [email protected] *Justin Omichinski Personal Real Estate Corporation © 2016 Avison Young. All rightsSTREET reserved. SEYMOUR E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought James Shandro, Vice-President to be correct, is not guaranteed by Avison Young 604.647.5073 Commercial Real Estate (B.C.) Inc.; DBA, Avison Young. [email protected].
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