Development Land

8225 OAK Street
Marpole Vancouver V6P 4A8

$51,290,000
Land Commercial, Multi-Family Commercial

Main Photo: 8225 OAK Street in Vancouver: Marpole Land Commercial for sale (Vancouver West)  : MLS®# C8027308
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8027308
CBRE Vancouver is pleased to present the rare opportunity to purchase a 1.57 Acre corner residential redevelopment site within walking distance to the Marine Drive SkyTrain Station (Canada Line). Premier West Side location, offering 600 feet of frontage along Oak Street! The Marpole Community Plan designates this property for the development of one or two 6-storey residential buildings, up to 2.5x FSR (170,975 SF buildable). Currently improved with 12 single-family homes, providing stable income during the development approval process. 1012 W. 64th Avenue to 8089 Oak Street and 8109-8225 Oak Street may be separated into two independent acquisitions. SAVE PTT - this Property is strategically structured as two bare trust nominee corporations, offering a buyer the opportunity to purchase the shares of the holding companies.
Sale Type:
Asset
Property Type:
Land Commercial, Multi-Family Commercial
Land Use/Zoning:
RS-1
Taxes:
$88,219.01 / 2019
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  • Photo 1: 8225 OAK Street in Vancouver: Marpole Land Commercial for sale (Vancouver West)  : MLS®# C8027308
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Listed by CBRE Limited
Data was last updated August 26, 2019 at 04:00 AM (UTC)
Bruce Long CCIM, FRI
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