Overview
- Updated On:
- October 20, 2023
We are pleased to present this opportunity to acquire a significant 25,241 sf I-2 zoned development opportunity. The property is improved with a two-storey 13,175 sf office building currently occupied by Vancouver Taxi, and their parking lot, which may be leased back by them for up to 1 year. 1320 E. Georgia is improved with a 2,400 sf, 5 bedroom, 2.5 bathroom renovated three-storey character house which is rented for $3,000 per month. The I-2 zoning allows a range of light industrial, office, production, manufacturing, institutional and cultural uses.
This site is centrally located on Clark Drive near Venables, two main arterial routes connecting to Downtown Vancouver, Highway 1, and Highway 99, allowing easy access to surrounding municipalities. The immediate area has many breweries, restaurants, parks and new developments as older industrial properties are replaced by modern light industrial and office uses. The property will be ;ess than a 10-minute drive from the new St. Paul’s Hospital, and the property immediately across Adanac Street has recently been developed into a 54,221 sq. ft. new purpose-built innovation, production, development, and office building.