164 5th Av W
Vancouver, BC V5Y 1H7
Industrial Property For Sale

The property at 164 West 5th Avenue, Vancouver is a 7,920 sq. ft. industrial building situated on a legally described parcel of Lot 2, Block 33, District Lot 200A, Plan 197 (PID: 015-557-634). The building comprises 4,925 sq. ft. on the main floor and 2,995 sq. ft. on the second floor and is zoned I-1, allowing for a broad range of uses including laboratories, general office, health care offices, and information and communication technology manufacturing. Located within the Broadway Plan’s Mount Pleasant Industrial Area – Area A (MIAA), the site benefits from a 4.5 FSR, offering approximately 27,175 sq. ft. of potential buildable area. The property is currently leased to Catalera BioSolutions Inc. with a lease expiry in Q4 2027 and no further renewal options. Improvements include a fully air-conditioned second-floor office with ample natural light, open-plan layout, boardroom, and kitchen, along with an air-conditioned main-floor production and laboratory area, grade-level loading, 3-phase 600-volt power, 12-foot ceiling heights, and four on-site parking stalls. 2025 property taxes are $61,836.30.
The adjacent property, 188 West 5th Avenue, is available for sale. Contact listing agents for additional information