$4,498,000
About This House
An exceptional opportunity to acquire three consecutive 50' x 125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th, 324 West 12th Avenue and 2811 Alberta Street, 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, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100,000 square feet with impressive views of downtown, mountains and ocean.
Listed by RE/MAX Select Properties.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R2872837
- Type: House
- Bedrooms: 2
- Bathrooms: 2
- Square Feet: 1,645 sqft
- Lot Size: 6,250 sqft
- Frontage: 50.00 ft
- Depth: 125.00 ft
- Full Baths: 2
- Half Baths: 0
- Taxes: $0.00
- View: City/mountain
- Basement: None
- Storeys: 2 storeys
- Year Built: 1944
- Style: 2 Storey,Rancher/Bungalow w/Bsmt.
