5829-5837 Victoria Drive, Vancouver, BC, V5P 3W5 - commercial for sale | Listing ID C8054915

Commercial For Sale In Vancouver, British Columbia

$7,900,000

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5829-5837 VICTORIA DRIVE, Vancouver, British Columbia, V5P 3W5

$7,900,000

Property Information:

Sutton Group West Coast Realty is pleased to present the rare opportunity to acquire a prime freestanding commercial building on the highly desirable Victoria Drive. This vibrant street in the heart of Vancouver blends modern and heritage shops and restaurants bringing the community together with its diverse culture. The extra wide 7,260 sq ft (Approx. 66x110) lot is improved with two retail spaces currently occupied by stable, long-time tenants providing good holding income with significant upside rents in the near future. Income potential of over $230,000. C2 district schedule with current FSR of 2.5 (18,150sq ft) allows for exceptional assembly and redevelopment potential. Don't let this gem go! **Please kindly DO NOT disturb tenants; Contact Listing Realtor first for further details and information.** (id:27)

Building Features:

Floor Space: 4900 Square Feet

Property Features:

Property Type: Retail
Built in: 1951
Floor Space (approx): 4900.00 Square Feet
Lot Size: 7287.00 Square Feet
Utility Type: Hydro - Available
Zoning: C-2
Sewer: Storm sewer

Courtesy of: Sutton Group-West Coast Realty

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Market Price Trends

Location of 5829-5837 VICTORIA DRIVE, Vancouver, British Columbia, V5P 3W5

Lifestyle
Neighbourhood

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

32 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: High

32 hot days expected in 2050

42/100

High

ClimateCheck®

Current data

This property, 5829-5837 VICTORIA DRIVE , experiences 7 hot days per year at around 27.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past

27.4℃

2050

30.7℃

# Hot Days Per Year

Past

2050

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

95/100

Exteme

ClimateCheck®

Current data

This property, 5829-5837 VICTORIA DRIVE , experiences 12 significant 2-day storms per year, with about 575.4mm 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 666.4mm of precipitation per year.

Precipitation Per Storm

Past

575.4mm

2050

666.4mm

48-Hour Storms Per Year

Past

2050

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.

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Demographic Information of 5829-5837 VICTORIA DRIVE, Vancouver, British Columbia, V5P 3W5

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$104,009.04

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.07 %

High school certificate or equivalent

33.45 %

Apprenticeship trade certificate/diploma

5.6 %

College/non-university certificate

14.09 %

University certificate (below bachelor)

1.67 %

University Degree

20.13 %

Commuter

Travel To Work

By Car

59.78 %

By Public Transit

32.53 %

By Walking

3.64 %

By Bicycle

0.16 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.9 %

Houses

66.1 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 5829-5837 VICTORIA DRIVE, Vancouver, British Columbia, V5P 3W5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5829-5837 VICTORIA DRIVE, Vancouver, British Columbia, V5P 3W5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

5829-5837 VICTORIA DRIVE, Vancouver, British Columbia, V5P 3W5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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