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324 W 12TH AVENUE
Vancouver British Columbia V5Y1V2 Canada

$4,498,000

Active Listing ID C8059426
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1,645 square feet
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Vacant Land

$4,498,000

Active Listing ID C8059426
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324 W 12TH AVENUE An exceptional opportunity to acquire three consecutive 50' x 125' lots located within the Broadway Corridor Plan, offering immense development potential. The properties, located at 314 West 12th & 324 West 12th Avenue are currently held as long-term investment properties with outstanding tenants. Located just a block from city hall and 2 blocks from Cambie Village these A-1 located properties have excellent Development Potential: The Broadway Corridor Development Plan allows for significant redevelopment possibilities on this site. With the approval of the City of Vancouver, there is potential to construct an impressive 5.5 Floor Space Ratio (FSR) 18-story tower spanning over 100, 000 square feet with impressive views of downtown, mountains and ocean. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Vacant Land
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/23/2024 12:00:35 AM GMT
Source Updated Date: 5/10/2024 1:17:48 AM GMT

Courtesy of: PatrickWeeks, Salesperson, RE/MAX Select Properties

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