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943 W BROADWAY in Vancouver: Fairview VW Business with Property for sale (Vancouver West) : MLS®# C8027551

943 W BROADWAY Vancouver V5Z 4E1 : Fairview VW

Main Photo: 943 W BROADWAY in Vancouver: Fairview VW Business with Property for sale (Vancouver West)  : MLS®# C8027551
$5,900,000
Prop. Type:
Business with Property
MLS® Num:
C8027551
Status:
Active
Bus Major:
Other/See Remarks
Bus Minor:
Other/See Remarks
Build. Type:
Office Building
BROADWAY CORRIDOR. Uptown Office. C-3A zoning. Property is a 4-level parkade in the Broadway Medical Building near Vancouver General Hospital and in close proximity to a NEW future proposed rapid transit stop at Laurel and W Broadway. This is a 54,138 SF strata unit, comprising of 163 parking stalls and 17 storage lockers under one property title. A long-standing 3rd party Parking Management Agreement is in place with net normalized income of approx. $230,000 p. a. (note: normalized income adjusted to remove the effects of property tax, strata fees and seasonality). Upside income potential includes: switch to automated parking and/or the addition of new innovative parking (i.e. electric vehicle charging stations and ride share). On-site parking attendant is unaware property is for sale. Please call for details. Viewing by appointment.
Sale Type:
Asset
Property Type:
Business with Property
Business Name:
n/a see comments.
Major Bus Type:
Other/See Remarks
Minor Bus Type:
Other/See Remarks
Construction:
Concrete
Building Type:
Office Building
Year built:
1982 (Age: 37)
Total Floor Area:
Switch units of measure1.24 acre(s)
Land Use/Zoning:
C-3A
Taxes:
$21,065.58 / 2019
# Elevators:
2
Water Supply:
Municipal
Env Assmt Phase:
None
Listed by Macdonald Realty
Data was last updated October 18, 2019 at 11:10 PM (UTC)
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