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:47421)
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Detailed Information
Total Area
1,645 ft2
Features
Lane
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Zoning Description
RT-6
Building
Constructed Date
1944
Utilities
Type
Description
Electricity
Available
Land
Total Size
6250 square feet
Size of Irregular Land
6250
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