13
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$5,197,000
Est. payment /mo
8,221 SqFt
Active
1642 PANDORA STREET Vancouver, BC V5L 1L6
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UPDATED:
01/24/2025 08:28 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,221 sqft
Price per Sqft $632
Subdivision Hastings
MLS Listing ID C8065890
Year Built 1968
Annual Tax Amount $63,010
Tax Year 2024
Property Description
Well below Jul 2024 BC Ppty Tax Assessed Value $6.465M. Starting price $83 per Buildable SQFT or $416 per SQFT of land. Existing 1968 warehouse/laboratory w/ 8,221 SF of leaseable area. 30% of chem lab space rented monthly at $20 PSF gross. Adjacent bldgs same owner 1670 & 1636 Pandora also on MLS, use 1670 Pandora together as side wall open pass thru with dbl fire rollup gate for addtl 8,540 SF flr area. Heavy Industrial redevelopment site, 2 blks North of E. Hastings at Commercial Dr., & 3 blocks South of Port of Van. waterfront, in East Van. Site is 12,495 SqFt of land & 102 ft of frontage along Pandora St. First time to sales market in approx. 50 yrs. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (62,476 buildable SqFt) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF flr area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done.
Location
Province BC
Community Hastings
Area Vancouver East
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Roof Type Tar & Gravel
Building
Dwelling Type Industrial,Land Commercial
Story 1
Water Municipal
Structure Type Concrete Block
Listed by Amex Broadway West Realty