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Office Building For Sale at 1050 320 GRANVILLE STREET in Vancouver, British Columbia

4 Sale ID #130742
Updated 03 May 2024

Asking Price

$2,290,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

N/A

Building Size

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Premise Summary

AAA Office. The most prestigious building with the best amenities in the Prime Central Business District. Best location, just steps to the Waterfront Skytrain, and the North Vancouver ferry dock, and in close proximity as well to Granville Street, Gastown, and Coal Harbour. The base of the tower to be outfitted with a mix of full service and fast food dining options plus retail. 2?F fully equipped gym, w/aerobic & strength equipment. Private shower & changing rooms, fitness studio & towel service. 28/F workplace amenities 30/F Sky Terrace w/Indoor rooftop kitchenette and outdoor lounge. 8 High speed elevators with 2 dedicated parking elevators. Corner unit with city view, one parking included. (id:39198)

  • MLS® : #C8050875
  • Date Listed : 17 Apr 2023

Location

Province

British Columbia

City

Vancouver

Address

1050 320 Granville Street

Postal Code

V6B0G5

Location Highlights

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Listed by

Sutton Group-West Coast Realty British Columbia listing

Category

office-buildings

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

N/A

Building Size

1,161

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$2,290,000

Asking Price

$2,290,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,161

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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