Multifamily Redevelopment Opportunity 1380 Burrard St 115,126 SF 97% Leased Office Building Vancouver, BC V6Z 2K2 For Sale

1380 Burrard Street in Vancouver, BC is a court-ordered sale offering a prime mixed-use residential redevelopment opportunity at the gateway to Downtown Vancouver. The property currently consists of a recently upgraded 7-storey office and retail building with 115,126 SF of net rentable area, 97% leased and anchored by Lululemon (occupying over 93% of the building) and Bicycle Sports Pacific. The site spans 29,388 SF and is zoned DD (Downtown District), with a maximum density of 5.0 FSR (146,940 SF) and potential for up to 9.18 FSR (±270,000 SF) subject to city approval. This asset provides strong holding income during the entitlement process and significant upside for future redevelopment into a large-scale mixed-use residential project. Strategically positioned at the northeast corner of Burrard Street and Pacific Street, the property serves as a gateway to the Downtown Peninsula and is adjacent to the Burrard Street Bridge. It is located at the convergence of Yaletown, West End, Fairview, and Kitsilano, offering proximity to Vancouver’s best beaches (Sunset Beach, English Bay, Kitsilano), the Seawall, and vibrant retail and dining hubs. The site is within walking distance to Yaletown-Roundhouse Station (Canada Line) and Burrard Station (Expo Line), ensuring excellent transit connectivity. Surrounded by major residential developments and high-end amenities, the property benefits from Vancouver’s strong livability and growing population driven by record immigration levels.