Well below Jul 2024 BC Ppty Tax Assessed Value $6.465M. Starting price $83 per Buildable SQFT or $416 per SQFT of land. Existing 1968 warehouse/laboratory w/ 8,221 SF of leaseable area. 30% of chem lab space rented monthly at $20 PSF gross. Adjacent bldgs same owner 1670 & 1636 Pandora also on MLS, use 1670 Pandora together as side wall open pass thru with dbl fire rollup gate for addtl 8,540 SF flr area. Heavy Industrial redevelopment site, 2 blks North of E. Hastings at Commercial Dr., & 3 blocks South of Port of Van. waterfront, in East Van. Site is 12,495 SqFt of land & 102 ft of frontage along Pandora St. First time to sales market in approx. 50 yrs. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (62,476 buildable SqFt) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF flr area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done. (id:47421)
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Detailed Information
Features
Lane, Dock height loading
Property Type
Industrial
Road
Paved road
Transaction Type
For sale
Zoning Description
M-2
Building
Amenities
Street Lighting
Constructed Date
1968
Fire Protection
Alarm system
Utilities
Type
Description
Electricity
Available
Water
At Lot Line
Natural Gas
Available
Telephone
Available
Land
Total Size
12495 square feet
Fence Type
Fenced yard
Sewer
Storm sewer
Size of Irregular Land
12495
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