About 530 Drake St

The subject property is located in the Downtown South area of Vancouver at the southeast corner of Drake Street and Seymour Street. This rectangular property has 120 feet of frontage along Drake Street and 50 feet of frontage on Seymour Street with lane access off of Drake Street. The total site area is 6,000 SF with 100% site coverage. The property is improved with a 16,702 SF three-storey wood-frame building with approximately 4,923 SF of commercial on the ground floor and 13 residential units distributed on the 2nd & 3rd floors.
The property is zoned DD Downtown District (Sub Area ‘L1’). Maximum density for all uses shall be floor space ratio 3.00 except that there is a provision to increase to 5.00 FSR for a site with social housing provided social housing comprises more than two-thirds of the FSR. The maximum buildable height is 70 feet.
  • Property Type Retail
  • Zoning DD
  • Status Existing
  • Sale Price Undisclosed
  • Total Available Space 16,702 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
  • Building Size 16,702 SF
  • Managed By Colliers International
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Property Manager

Colliers International

Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.

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