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5676,5686 ALBERTA Street
Cambie Vancouver V5Y 3M6

$21,000,000
Land Commercial

Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8061137
Avison Young is pleased to present an opportunity by court ordered sale to acquire 5666, 5676 & 5686 Alberta Street (the “Property”). The Property is a 18,900-sf land assembly situated in the Riley Park- Little Mountain neighbourhood with over 150 ft of frontage along Alberta Street. Located within the Cambie Corridor, the Property is designated as Phase 3 which promotes high-density residential development. This acquisition is a unique opportunity for developers to capitalize on Vancouver’s thriving residential market. The Cambie Corridor is undergoing significant development, with the City of Vancouver committed to increasing residential density.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Lot Area:
18,900 sq. ft.
Acres Freehold:
18,730.8 sq. ft.
Lot Depth:
122
Lot Frontage:
156'
Permitted Use:
Mixed Use, Residential
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated July 1, 2024 at 06:10 PM (UTC)
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