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:44056)

Property Details

Full Address:
2947 GRANVILLE STREET, Vancouver, British Columbia
Price:
$ 9,970,000
MLS Number:
C8082216
List Date:
September 22nd, 2026
Lot Size:
6480 sq.ft.
Year Built:
1940
Taxes:
$ 132,286
Listing Tax Year:
2026

Interior Features

Interior Features:
Street Lighting

Building Features

Utilities:
Sewer, Natural Gas, Electricity, Telephone
Zoning Detail:
C3A
Taxes:
$ 132,286

Floors

Finished Area:
12956 sq.ft.

Land

Lot Size:
6480 sq.ft.
Lot Features:
Disabled Access, Lane
Road Type:
Paved road

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Chris Tsoromocos Personal Real Estate Corporation TRG Commercial Realty Ltd.
604-725-4519
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Listing Agent(s)

Lead Agent: Chris Tsoromocos
Office: TRG Commercial Realty Ltd.
Originating Board: Greater Vancouver REALTORS®

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