EAST CORDOVA STREET DEVELOPMENT/OWNER-USER/INVESTMENT OPPORTUNITY. Powell St. ROBERT THAM
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1 968 EAST CORDOVA STREET E n sti a H t. S gs E Cordov a St. R Raymur Ave. MARC SAUL* FO E L A S
2 LOCATION The subject property is located on the 900 block of East Cordova Street in trendy Strathcona, situated at the foothill of downtown Vancouver and adjacent to Railtown, Chinatown and Gastown. The area has recently seen rapid growth in commercial and residential development and features an excellent mix of amenities and venues nearby. Notable neighbours include Strathcona Beer Company, Les Amis Du Fromage, Liquids + Solids, the new CF Interiors showroom, and the recently completed Strathcona Public Library. Just a few steps to the south is the 300+ unit Strathcona Village development by Wall Financial. The area is strategically poised for continued growth and will experience a huge influx of new residents and businesses in the near future. OPPORTUNITY 968 East Cordova Street is a strategic opportunity for Investors, Owner-Users and Developers alike. The subject property boasts a large corner lot and is currently improved with a one-story industrial building. The building is currently occupied by the Vendor and may be sold vacant or with a short term Vendor lease-back. LOT SIZE ¹ : 13,609 SF (Approx.) BUILDING SIZE ² : 9,800 SF (Approx.) PROPERTY TAXES: $41, (2018) ZONING: M-2 (Industrial) LEGAL DESCRIPTION: LT 15 & 16 & 17 PL VAP196 PID: , , BLK 62 DL 181 NWD , TENANCY: Please contact agent ASKING PRICE: Please contact agent 1 All sizes are approximate and subject to verification. 2 Subject to confirmation.
3 LOCAL AREA PLAN Key Place-Making and Built Form Strategies Retain the integrity of industrial lands as places of making - Recognize and preserve the industrial community s strategic role towards locally serving employment and production capacity, in support of a self-reliant, compact city and region. Introduce vibrancy into prevailing industrial areas - Engage proactively with buildingowners and tenants to develop engaging shop front assemblies, and shared public/private realm strategies that announce the industrial community s identity through pedestrian focused visual interest. Strengthen and interpret industrial character through contemporary architecture - Promote contemporary architecture, with an emphasis on transparent, energy efficient building envelopes, for new buildings and additions. Seek connective opportunities to link localized systems towards Greenest City Goals - Investigate the potential for interconnected systems between sites and owners towards shared food production, storm water management, energy and refuse/recycling systems BUILT FORM POLICIES Building Heights: 60 feet, up to a maximum of 100 feet Density: FSR - Industrial Areas Courtesy of the City of Vancouver (2018) Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
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5 YALETOWN CANADA PLACE Walker's GETTING AROUND biker's Rider's GASTOWN CHINATOWN CENTERM Heatley Ave. E Hastings St. E Cordova St. Alexander St. RAILTOWN Daily errands do not require a car Flat as a pancake, good bike lanes Transit is convenient for most trips Hawks Ave. VILLAGE Campbell Ave. 968 E CORDOVA ST. NEIGHBOURHOOD Craft breweries Glen Dr. VANTERM 1. Strathcona Beer Company 2. Callister Brewing Co. 3. Vancouver Urban Winery 4. Postmark Brewing 5. Andina Brewing Company 6. Powell Brewery restaurants/cafés Clark Dr. 7. Starbucks 8. Liquids + Solids 9. Pink Pearl Chinese Seafood 10. Belgard Kitchen E Pender St. E Hastings St. Franklin St. 11. Dosanko 12. JJ Bean Coffee amenities 13. No Frills 14. Chevron
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