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339 2nd St W 3,982 SF Industrial Building North Vancouver, BC V7M 1E2 $3,214,157 USD ($807.17 USD/SF)

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INVESTMENT HIGHLIGHTS

  • Well-located corner lot with frontage along West 2nd Street and Forbes Avenue
  • Two floors of office and production area
  • Unobstructed views of the ocean and downtown Vancouver
  • Open warehouse area
  • 3-phase power
  • Ample parking and yard space

EXECUTIVE SUMMARY

Avison Young is pleased to present the unique opportunity for an owner-user or developer to acquire a prominently located corner site in Lower Lonsdale. The Property is currently improved with a 3,982 sf standalone, owner-occupied industrial building with unobstructed views of the ocean and downtown Vancouver. The current M-1 (Service Industrial) zoning permits a wide range of industrial uses, allowing for a variety of industrial users to occupy the building. The City of North Vancouver Official Community Plan (OCP) designates the Property as Residential Level 5, allowing for a maximum density of up to 2.6 FSR and the potential to build a mid-rise apartment building with a total buildable area of 18,621 sf.

PROPERTY FACTS

Price $3,214,157 USD
Price Per SF $807.17 USD
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Showroom
Building Class C
Lot Size 0.16 AC
Rentable Building Area 3,982 SF
No. Stories 1
Year Built 1967
Tenancy Single
Parking Ratio 0.75/1,000 SF
No. Dock-High Doors/Loading 1
Zoning M-1 - District Schedule

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Air Conditioning
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32026428

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 339 2nd St W, North Vancouver, BC V7M 1E2

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