21,350
ft2
Industrial
Sale/Purchase
Contact us for price
Description
Rare investment opportunity to purchase a potential redevelopment property with holding income at 822-840 East Cordova Street, Vancouver. The property is comprised of three parcels: 822, 832, and 840 East Cordova Street, totaling 21,350 square feet.
Located in East Vancouver's Powell Industrial area, the property provides frontage along East Cordova Street and the Cordova Diversion. The property is a five minute drive west to downtown Vancouver and eight minute drive east to the Trans-Canada Highway, providing excellent access to all of Metro Vancouver.
Offer submission deadline is January 25, 2021.
Located in East Vancouver's Powell Industrial area, the property provides frontage along East Cordova Street and the Cordova Diversion. The property is a five minute drive west to downtown Vancouver and eight minute drive east to the Trans-Canada Highway, providing excellent access to all of Metro Vancouver.
Offer submission deadline is January 25, 2021.
Amenities
- Currently leased to two strong tenants
- High profile location at the beginning of Cordova Diversion
- 3 km from downtown Vancouver
- Below market rents with significant growth potential
- Site provides various redevelopment and subdivision
scenarios - M-2 (Heavy Industrial) zoning permits a wide range of uses including, but not limited to, manufacturing, self-storage, wholesaling, service, and office uses.