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709 Marine Dr SW 4,000 SF Retail Building Vancouver, BC V6P 0A3 For Sale
INVESTMENT HIGHLIGHTS
- Highly desirable iconic location in the supply constrained West side Vancouver market area for both condominium and rental product.
- Excellent proximity to transit including the Marine Drive Canada Line Station 400 meters to the east.
- A high-rise mixed-use condominium building with the provision of 20% to social housing.
- Large site size offers economies of scale at a prominent landmark corner location.
- A high-rise secured market rental building with 20% at below market rents.
EXECUTIVE SUMMARY
Cushman & Wakefield ULC, as exclusive agent to the Vendor, is pleased to present the opportunity to acquire an exceptional large-scale transit-oriented multi-family development property in South Vancouver. Prominently situated on Southwest Marine Drive at West 70th Avenue, the Property is ideally positioned in one of the west side’s established residential neighborhoods and offers a unique location in the rapidly intensifying employment growth hub of the Marine Landing Area which has become South Vancouver’s new urban town centre. 709 Southwest Marine Drive’s triangular site configuration, large site size and high profile location offers a purchaser the chance to develop an iconic “flatiron” style building at the gateway to this emerging town centre of Vancouver.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Service Station
Building Size
4,000 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.81 AC
Zoning
CD-1 - Comprehensive Development
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
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709 Marine Dr SW
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