$9,970,000
( $769.53Per Sq Foot )
 $53,521 est/mo Sourced by Back At You

2947 Granville Street,Vancouver, BC V6H3J6

Vancouver, BC V6H3J6

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Description

5.51% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. Good for long term investor, owner-user or developer. (id:13843)

Details

MLS #C8082216
Listing TypeFor Sale
StatusActive
Year1940
Days On Site36
Listing Provided ByTRG Commercial Realty Ltd. | Chris Tsoromocos

Features

SQ Feet12,956
ZoningC3A
Acreage0.15

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesDisabled Access, Lane

Utilities

UtilitiesSewer, Natural Gas, Electricity, Telephone

Taxes

Tax Annual Amount132286
Tax Year2026

Area Information

ProvinceBC
CityVancouver
Postal CodeV6H3J6
Listing VS Median (in V6H3J6)
Price:
$9,970,000
low | high
Med:
$5,134,000
98.505516549649% of Average
sqft:
12,956
low | high
Med:
9,691
75.200679221982% of Average
$ / sqft:
$770
low | high
Med:
$408
96.986846003307% of Average
On site:
36
low | high
Med:
91.5
39.344262295082% of Average
Sourced by Back At You

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Learn More About This Property

Natasha Chang

Natasha Chang

Sutton Group - Seafair Realty

Sales Representative, (604) 808-2142natashachang@sutton.com
ProvinceBC
CityVancouver
Postal CodeV6H3J6
Listing VS Median (in V6H3J6)
Price:
$9,970,000
low | high
Med:
$5,134,000
98.505516549649% of Average
sqft:
12,956
low | high
Med:
9,691
75.200679221982% of Average
$ / sqft:
$770
low | high
Med:
$408
96.986846003307% of Average
On site:
36
low | high
Med:
91.5
39.344262295082% of Average
Sourced by Back At You
Listing Updated: October 9, 2026 at 4:05:29 PM PDT
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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