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0.31 acres land assembly in Vancouver sells for $11.9 Million

Main Street two-lot land assembly sells for $11.9 million

Goodman Commercial Inc.
Western Investor

13,410 square foot corner redevelopment site at Main Street at 24th Avenue, Vancouver, is zoned for residential rentals

Gammon International, Vancouver, for Western Investor

 

Type of property: Land assembly

Location: 3970 and 3998 Main Street, Vancouver

Land size: 13,410 square feet

Land size in acres: 0.31 acres

Zoning: C-2

Potential: Residential rental at 2.5 FSR (floor space ratio).

List price: $12.8 million

Sale price: $11.9 million

Date of sale: March 31, 2022

Brokerage: Gammon International, Vancouver

Brokers: Stanley Chiu and Howard Mak

 

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