18,100 ft²Land$13,800,000Sale
18,100 ft²
Land
$13,800,000
Sale
Derek Nystrom
Macdonald Commercial RES Ltd
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Macdonald Commercial and Luk Real Estate Group present the exclusive opportunity to acquire a rarely available 18,100 square foot development site with 100 feet of frontage along SW Marine Drive. Located within the Marine Landing submarket of Vancouver, 754-762 SW Marine Drive is in close proximity to Highway 99, Highway 91, and has excellent corner exposure along SW Marine Drive. The nearby development at 750 SW Marine Drive by Chard received approval for 4.94 FSR and falls under the same designation of Intensive Employment under the Marpole-Cambie land-use plan. If this density is achieved at 754-762 SW Marine Drive, an industrial/office redevelopment of up to 89,414 SF would be achievable. The existing I-2 zoning has expanded its permitted office uses to include medical, dental, real estate, insurance, legal, accounting, and other professional services. This expansive office use category positions the property to be redeveloped into a mixed-use building with diverse office uses or a specialized medical or professional building. Future end-users will benefit from nearby amenities, significant residential developments at Marine Gateway and along SW Marine Drive, and access to Skytrain and bus. The property can be purchased with 8729 Aisne Street, Vancouver for additional scale and is also listed by Macdonald Commercial and Luk Real Estate Group.
The Property
Asking Price$13,800,000
Available Space18,100 ft²
NegotiableYes
SourceDirect
The Lot
Property TypeLand
Building Size6,418 ft²
Lot Size18,100 ft²
Up to $500K for British Columbia businesses
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