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505 & 508 1788 W BROADWAY STREET, Vancouver, British Columbia, V6J 1Y1

MLS® # C8057264
Commercial For Sale In Vancouver, British Columbia
$1,860,000
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
505 & 508 1788 W Broadway Street, Vancouver, BC
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ACTIVE
505 & 508 1788 W BROADWAY STREET, Vancouver, British Columbia, V6J 1Y1
$1,860,000

Property Information:

At the intersection of Burrard St & Broadway in a quality-built concrete tower, this rare 1,376 SQFT property w/ VIEWS is created merging 2 Strata Lots. Currently configured with a waiting area at the entrance, 2 shared office area for 4-6 desks, a kitchenet, a large boardroom + 3 private offices. Offices for strata ownership are rare to find along the Broadway Corridor which is recently rezoned for increased density. Projections are 50k new residents, 42k new jobs as the Broadway Subway extends, with a station within 2 min of this office. The unit includes three secured parking spots for exclusive use + 42 VISITOR PARKING Stalls underground. Perfect for MEDICAL, DENTAL, LEGAL & all PROFESSIONAL services. Ideal for an OWNER-USER looking to offset revenues for tax planning, build equity over time, and secure the location of their practice. With the flexibility to separate the units into two closed-off spaces, you can lease out as needed to supplement loan payments. Seller Financing Possible. Easy to show. (id:27)

Building Features:

  • Style: Office
  • Fire Protection: Alarm system
  • Floor Space: 1376 Square Feet

Property Features:

  • Property Type: Office
  • Built in: 1993
  • Features: Handicap access, Passenger elevator
  • Floor Space (approx): 1376.00 Square Feet
  • Utility Type: Water - At Lot Line, Telephone - Available, Hydro - Available
  • Zoning: C-3A

Courtesy of: Rennie & Associates Realty Ltd.

REALTOR.ca  

Location of 505 & 508 1788 W BROADWAY STREET, Vancouver, British Columbia, V6J 1Y1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 505 & 508 1788 W BROADWAY STREET , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 30.2 degrees Celsius.

Projected Avg. Temperature

Past
26.9℃
2050
30.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

14 storms expected in 2050

96/100

Exteme

ClimateCheck®

Current data

This property, 505 & 508 1788 W BROADWAY STREET , experiences 13 significant 2-day storms per year, with about 589.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 683.3mm of precipitation per year.

Precipitation Per Storm

Past
589.2mm
2050
683.3mm

48-Hour Storms Per Year

Past
13
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 505 & 508 1788 W BROADWAY STREET, Vancouver, British Columbia, V6J 1Y1

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$160,095.10

Average Number of Children

1.36

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

3.68 %

High school certificate or equivalent

16.76 %

Apprenticeship trade certificate/diploma

3.04 %

College/non-university certificate

14.17 %

University certificate (below bachelor)

4.46 %

University Degree

57.89 %

Commuter

Travel To Work

By Car

53.35 %

By Public Transit

15.45 %

By Walking

18.9 %

By Bicycle

8.65 %

By Other Methods

3.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

95.24 %

Houses

4.76 %

Own Vs. Rent