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Mount Pleasant industrial site goes for $344 per buildable square foot

Prime light industrial site sold for $2.75 million, $210K above its assessed value

Stuart Wright Nick Goulet
Western Investor

Breakdown:

Property type: Light industrial

Location: 275 West 6th Avenue, Vancouver

Property size: 1,947 square feet

Lot size: 2,662.52 square feet

Zoning: I-1 (light industrial)

Floor space ratio: FSR 3

BC Assessment value: $2.54 million

List price: $2.85 million

Sale price: $2.75 million

Date of sale: February 14, 2020

Brokerage: Macdonald Commercial

Brokers: Stuart Wright and Nick Goulet

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