FOR SALE

Transit oriented office/retail repositioning opportunity with potential for multi-residential development.

CBRE Limited is pleased to exclusively offer for sale two properties located at 2211 and 2213 Granville Street situated within Vanouver’s Fairview (South Granville) neighbourhood. Located on the west side of Granville Street between West 6th Avenue and West 7th Avenue, the properties are well-positioned in Vancouver’s West Side, centrally located in the South Granville Shopping District and in walking distance to the Broadway Corridor. Short commutes to Downtown Vancouver and proximity to lifestyle amentities on the West Side.

The Property has potential for multi-residential re-development for rental housing under considerations of the City of Vancouver’s rental programs, with potential to achieve higher density as a transit-oriented site (currently under review with the City).

2213 Granville Street is currently occupied by Dog Swim Vancouver and 2211 Granville Street is currently occupied with Paul’s Omelettery Restaurant.

SALIENT FACTS

#

PROPERTY

PID

ZONING

FSR

SITE SIZE

DIMENSIONS

BUILDABLE

1

2211 Granville Street

011-144-971

C-3A

3

3,600 sq. ft.

30’ x 120’

10,800 sq. ft.

2

2213 Granville Street

015-220-966

C-3A

3

3,600 sq. ft.

30’ x 120’

10,800 sq. ft.

7,200 sq. ft.

21,600 sq. ft.

OFFERING HIGHLIGHTS

Artistic rendering of Broadway Subway’s South Granville Station

THE BROADWAY CORRIDOR PLAN

The properties located at 2211 and 2213 Granville Street have been identified as part of the Broadway Corridor Plan (BCP) Study Area within the Broadway Plan, which has a vision for increased densification, particularly rental and affordable housing, near transit connections to better connect residents to employment sites over the next 30 years.

Broadway is a busy, multi-functional street which provides a wide range of services and connectivity to other parts of the City. It is part of the regions Major Road Network, Frequent Transit Network, and is a premier destination with many retail shops.

The South Granville subway station will be located at the northeast corner of the intersection of West Broadway and Granville Street – 2.5 blocks from the subject properties.

GRANVILLE ISLAND PUBLIC MARKET

Located adjacent to Fairview, Granville Island is a cultural icon reowned for its public market offering fresh produce, seafood, specialty items, fine dining restaurants and local bakeries, a wide variety of art galleries, studios and theatres. Granville Island, while considered a major tourist attraction, is a local favourite amongst those that live in its vicinity.

SOUTH GRANVILL SHOPPING DISTRICT

South Granville Shopping District is a unique stretch from West 16th Avenue to the Granville Street Bridge and is one of Vancouver’s premiere urban shopping destinations, offering a vibrant mix of upscale retail stores, popular restuarants, coffee bars, family-owned businesses, and a collection of art galleries and high-end antique shops.

Location

Offering Process:
CBRE Limited International Markets Team has been retained on an exclusive basis by the Vendor to arrange for the sale of the Arbutus Lands. The Portfolio is being offered on an “as-is, where-is” basis, utilizing a non-priced bid process.

Bid Date:
To be announced by the advisor.

FOR MORE INFORMATION, PLEASE CONTACT:

David Ho
Personal Real Estate Corporation
Executive Vice President
International Markets Team
david.ho@cbre.com
604-662-5168

Robert Veerman
Sales Associate
International Markets Team
robert.veerman@cbre.com
604-662-5139