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1636 Pandora Street Vancouver, British Columbia V5L 1L6

7257 sqft

$4,487,000

Modern & recent $350k renovation incl. new: windows, paint & carpets. Warehouse completely pressure washed, floor grinded & re-leveled w/ fresh concrete. Then passed COV safety inspections & issued new occupancy cert. 18 ft. ceiling. 7,257 SF of leaseable area. Recently vacant w/ mkt rents of $24 per SF Net = 3.9% cap rate. Adjacent bldgs same owner 1642 & 1670 Pandora also on MLS. Heavy Industrial redevelopment site. Site is 8,052 SQFT of land & 66 FT of frontage along Pandora St. First time to sales market since built in 1991. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (40,260 buildable SQFT) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF floor area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done. Jul 2024 BC Property Tax Assessment: Land $4.323M + Bldg $10,200. Starting price $111 per Buildable SQFT or $557 per SQFT of land. (id:53893)

Property Details

MLS® Number	C8065896
Property Type	Industrial
Features	Disabled Access, Lane
Road Type	Paved Road

Building

Amenities	Street Lighting
Constructed Date	1991
Fire Protection	Alarm System
Size Interior	7257 Sqft

Land

Acreage	No
Fence Type	Fenced Yard
Sewer	Storm Sewer
Size Irregular	8052
Size Total	8052 Sqft
Size Total Text	8052 Sqft
Zoning Description	M-2

Utilities

Electricity	Available
Water	At Lot Line
Natural Gas	Available
Telephone	Available

Aerial

https://www.realtor.ca/real-estate/27828516/1636-pandora-street-vancouver

Interested?

Eddie Suen

(778) 814-8308

Amex Broadway West Realty
#201 - 1055 West Broadway
Vancouver, British Columbia V6H 1E2

(604) 738-8878
(604) 738-7798

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Last Updated
January 22 2025 08:55:45

Data Provider
Real Estate Board Of Greater Vancouver

Listing Office
Amex Broadway West Realty

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