Contacts

Marc Saul

Corbel Commercial Real Estate

(604) 609-0882

Robert Tham

Corbel Commercial Real Estate

(604) 609-0882

Denver Mendoza

Corbel Commercial Real Estate

(604) 609-0882

Property Details

Property Type Mixed Use
Units 8
Lot Size 6,000 SF
Cap Rate % 4.88
NOI / YR 632074.66
Zoning DD (Comprehensive Development)
Year Built 1907
Date Updated Apr 12, 2024
Website www.corbelcommercial.com

Corbel Commercial is pleased to present an exceptional opportunity to acquire a free standing 3-storey, mixed use asset located at 1033 - 1039 Granville Street in Downtown Vancouver.

The subject property is comprised of 3 Commercial Restaurant/Retail units on the main floor* that are fully leased and 8 massive, 3-bedroom, fully refurbished character residential units* on floors 2 and 3. The building has undergone a substantial renovation to include new glass retail storefronts, upgraded building systems, commercial grade venting systems for commercial kitchens, and fully restored character residential market rental units above. Centrally located in the heart of the Granville Entertainment District known for its vast assortment of bars, dance clubs, restaurants, shops, and vibrant nightlife - this is an excellent income generating investment with potential redevelopment opportunities in the future.

*Approved occupancy with the City of Vancouver is restaurant for units 1033 & 1037, residential for unit 1035 (4 dwelling units on the second storey, 4 dwelling units on the third storey), and retail (limited service food establishment) for unit 1039. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.

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Attachments

Granville St. 1033 (PDF) opens in new window

Getting around

98/100
Walk Score ®
100/100
Transit Score ®
91/100
Bike Score ®

Powered by Walk Score ®

City Vancouver, BC
Neighborhood Downtown Vancouver
Postal Code V6Z 1L4

Points of Interest

Yaletown–Roundhouse

0.32 miles
Yaletown-Roundhouse

0.32 miles
Vancouver City Centre

0.32 miles
Seymour Street Entrance

0.40 miles
Granville Street Entrance

0.41 miles
Granville

0.46 miles
Dunsmuir Street Entrance

0.46 miles
Burrard Station

0.48 miles
Burrard

0.49 miles
Burrard

0.49 miles

ChargePoint

0.27 miles
Esso

0.28 miles
BeachCity Auto Center

0.45 miles
False Creek Fuel

0.69 miles
Petro-Canada

1.18 miles
Chevron

1.21 miles
Shell

1.21 miles
Petro-Canada

1.32 miles
Esso

1.42 miles
Chevron

1.65 miles

848 Seymour St. Parking - Lot #117

0.22 miles
827 Richards St - Lot #97

0.24 miles
Shoppers

0.38 miles
Parkwell (Seymour entrance)

0.41 miles
Parkwell Plaza Parking

0.41 miles
Parkwell (Richards entrance)

0.43 miles
Impark

0.50 miles
Larwill Parking

0.55 miles
Granville Square/PwC Place

0.70 miles
The Chain & Forge

0.72 miles

Samesun Backpacker Hostels

0.03 miles
Hotel Belmont Vancouver

0.04 miles
Executive Hotels & Real Estate

0.07 miles
Best Western Premier Chateau Granville Hotel & Suites & Conference Centre

0.09 miles
Holiday Inn and Suites Downtown

0.10 miles
WorldMark Vancouver - The Canadian

0.10 miles
Embarc Vancouver

0.13 miles
Sheraton Vancouver Wall Centre Hotel

0.14 miles
Moda Hotel

0.15 miles
The Burrard

0.18 miles

Nesters Food Market

0.10 miles
Choices

0.22 miles
IGA

0.23 miles
H Mart

0.25 miles
Nordstrom

0.26 miles
IGA

0.29 miles
Farm to Table

0.32 miles
Sashimiya

0.34 miles
Hudson's Bay

0.39 miles
Fresh Street Market

0.39 miles

In-Depth Research Available for this Property

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