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431 SE Marine Dr 0.15 Acres of Commercial Land Offered at $2,954,699 USD in Vancouver, BC V5X 2S9
INVESTMENT HIGHLIGHTS
- Excellent Visibility and easy access to key transit routes
- close to public schools, transit options and commercial services
EXECUTIVE SUMMARY
Located in the vibrant South Vancouver neighborhood, 431 SE Marine Drive offers a compelling opportunity for land assembly and redevelopment. This 6,745 square foot lot, with dimensions of approximately 40.93 by 172 feet, is centrally positioned along Marine Drive, a major arterial corridor that enhances its visibility and accessibility. The existing structure is a detached single-family residence built in 1949, featuring three bedrooms and two full bathrooms across 1,547 square feet of finished living space. The home includes a full basement, a double garage, and outdoor amenities such as a balcony, patio, and deck. The property is zoned Freehold NonStrata and is not located within a floodplain. With its strategic location and generous lot size, the site presents significant rezoning potential for multi-unit residential development, subject to confirmation with the City of Vancouver. Nearby amenities include several public schools, transit options, and commercial services, making this an ideal candidate for a transformative housing project that aligns with the city’s densification and rental housing goals.
PROPERTY FACTS
| Price | $2,954,699 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Zoning | R1-1 - Residential Inclusive | ||
| Price | $2,954,699 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.15 AC |
| Zoning | R1-1 - Residential Inclusive |
1 LOT AVAILABLE
Lot
| Price | $2,954,699 USD | Lot Size | 0.15 AC |
| Price Per AC | $19,697,996.48 USD |
| Price | $2,954,699 USD |
| Price Per AC | $19,697,996.48 USD |
| Lot Size | 0.15 AC |
1 1
Walk Score®
Very Walkable (85)
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431 SE Marine Dr
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