314 W 12TH AVENUE, Vancouver, British Columbia, V5Y 1V2

$3,498,000

MLS® # C8060274

Vacant Land For Sale In Vancouver, British Columbia

$3,498,000

Property Information:

An exceptional opportunity to acquire two consecutive 50'x125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue are currently held as long term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver and 150' of frontage, there is potential to construct an impressive 5.5 FSR 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean. Bluechip investment & holding properties! (id:27)

Property Features:

  • Property Type: Vacant Land
  • Built in: 1944
  • Features: Lane
  • Lot Size: 6250.00 Square Feet
  • Road Type: Paved road
  • Utility Type: Hydro - Available
  • Zoning: RT-6

Courtesy of: RE/MAX Select Properties, RE/MAX Crest Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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