339 2nd St W 3,982 SF Industrial Building North Vancouver, BC V7M 1E2 $3,281,469 USD ($824.08 USD/SF)

339 West 2nd Street offers a rare chance to acquire a standalone industrial property on a prominent corner lot in the heart of Lower Lonsdale, North Vancouver. The site features a 3,982 SF owner-occupied industrial building with ocean and downtown views, suitable for a broad range of industrial uses under its M-1 zoning. Beyond its current utility, the property presents significant redevelopment potential, as the Official Community Plan designates it for Residential Level 5, permitting medium-density multifamily development of up to 18,621 buildable square feet. This makes the asset attractive to both owner-users seeking quality industrial space and developers pursuing future residential projects. Ideally situated at the highly visible corner of West 2nd Street and Forbes Avenue, the property sits within the vibrant, rapidly developing Lower Lonsdale neighbourhood. It offers quick access to downtown Vancouver, along with scenic views of the city skyline and North Shore Mountains. The location is walkable to the Lonsdale Quay Market, Shipyards District amenities, restaurants, breweries, and retail. Convenient transit access includes multiple nearby bus stops and the Lonsdale Quay SeaBus Terminal, connecting to Waterfront Station in approximately 12 minutes.