1636,1642,1670 Pandora Street Vancouver, British Columbia V5L 1L6

$18,500,000

Vendor take back mtg financing avail. 3 adjacent properties: 1636, 1642 & 1670 Pandora St. Heavy Industrial redevelopment site, 2 blocks North of E.Hastings St. at Commercial Dr., & 3 blocks South of Port of Van. waterfront, in East Van. Contiguous site is 31,283 SqFt of land & 256.42 feet of frontage along Pandora St. Rare opportunity to own nearly 60% of entire city block. Potential to acquire adjacent building to site. First time to sales market in approx. 50 years. 3 Industrial buildings on site (23,767 SqFt floor area). Vacant possession available. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (156,416 buildable SqFt) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage Canada bldg (74k SF floor area) & directly behind the new 7 storey Key Self Storage bldg (90k SF). 2021 Phase 2 Environmental Analysis done. July 2023 BC Property Tax Assessed Value $16.806 Million. List price $118 per Buildable SqFt. (id:28820)

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https://www.realtor.ca/real-estate/25513464/163616421670-pandora-street-vancouver