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324 W 12th Avenue Vancouver, British Columbia V5Y 1V2

1645 sqft

$4,498,000

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 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. (id:28820)

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Property Details

MLS® Number	C8059426
Property Type	Vacant Land
Features	Lane
Road Type	Paved Road

Building

Constructed Date	1944
Size Interior	1645 Sqft

Land

Acreage	No
Size Irregular	6250
Size Total	6250 Sqft
Size Total Text	6250 Sqft
Zoning Description	Rt-6

Utilities

Electricity

Available

Aerial

https://www.realtor.ca/real-estate/26786564/324-w-12th-avenue-vancouver

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Last Updated
April 22 2024 11:53:18

Data Provider
Real Estate Board Of Greater Vancouver

Listing Office
RE/MAX Select Properties, RE/MAX Crest Realty

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