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Home BC Metro Vancouver Vancouver Kensington-Cedar Cottage Victoria
4990 VICTORIA DRIVE
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4990 VICTORIA DRIVE $4,200,000
$4,200,000
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4990 VICTORIA DRIVE
Vancouver, British Columbia V5P3T6

MLS® Number: C8069916

Listing Description

Avison Young is proud to present the opportunity to acquire 4990 Victoria Drive, a strategically located corner property in the heart of Vancouver, British Columbia. Situated along the prominent Victoria Drive corridor, this property offers exceptional visibility and frontage, making it an ideal asset for both immediate income and long-term redevelopment potential. The property comprises a well-positioned commercial retail unit at grade and three fully leased residential rental units on the second floor, providing stable holding income from day one. Its corner lot configuration enhances accessibility and future design flexibility'key attributes for urban development. As a prime candidate for land assembly, 4990 Victoria Drive represents a pivotal piece for unlocking greater density and value through the City of Vancouver's C-2 zoning policy, which supports mixed-use redevelopment. This offering is complimented by the opportunity to acquire the DQ Franchise Operating Business. Contact listing agents. (36523734)

Property Summary

Property Type
Retail
Land Size
6079 sqft
Built in
1993
Annual Property Taxes
$31,189
Time on REALTOR.ca
8 days

Building

Utilities
Utility Type
Electricity (Available), Water (At Lot Line), Telephone (Available), Sewer (Available)

Measurements

Square Footage
3468 sqft

Land

Lot Features
Road Type
Paved road
Other Property Information
Zoning Description
C-2
Data provided by: Greater Vancouver REALTORS® 2433 Spruce Street, Vancouver, British Columbia V6H 4C8
James Adam Shandro