Commercial Land
- Status:
- Active
- Prop. Type:
- Industrial, Land Commercial
- MLS® Num:
- C8065896
- Build. Type:
- Marine
- Photos (19)
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Modern & recent $350k renovation incl. new: windows, paint & carpets. Warehouse completely pressure washed, floor grinded & re-leveled w/ fresh concrete. Then passed COV safety inspections & issued new occupancy cert. 18 ft. ceiling. 7,257 SF of leaseable area. Recently vacant w/ mkt rents of $24 per SF Net = 3.9% cap rate. Adjacent bldgs same owner 1642 & 1670 Pandora also on MLS. Heavy Industrial redevelopment site. Site is 8,052 SQFT of land & 66 FT of frontage along Pandora St. First time to sales market since built in 1991. Present M2 zoning allows Floor Space Ratio to 5.0 times the site size (40,260 buildable SQFT) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage (74k SF floor area) & directly behind the newer 7 storey SmartStop Storage (90k SF). 2021 Phases 1 & 2 Environmental Analysis done. Jul 2024 BC Property Tax Assessment: Land $4.323M + Bldg $10,200. Starting price $111 per Buildable SQFT or $557 per SQFT of land.
- Sale Type:
- Asset
- Construction:
- Concrete Block
- Building Type:
- Marine, Street-Level Storefront, Warehouse
- Name of Complex/Subdivision:
- Signup
- # Bldgs:
- 1
- # Other Units:
- Signup
- # Storeys:
- 1.0
- Year built:
- 1991 (Age: 34)
- Total Floor Area:
- 7,257 sq. ft.
- Office Size:
- 1,307 sq. ft.
- Mezzanine Size:
- 1,249 sq. ft.
- Wrhse Size:
- 4,701 sq. ft.
- Lot Area:
- 8,052 sq. ft.
- Lot Depth:
- 122
- Lot Frontage:
- 66'
- Land Use/Zoning:
- M-2
- Permitted Use:
- Industrial, Office
- Taxes:
- $44,430 / 2024
- Alarm System, Handicap Access/Facil, Mezzanine, Paved Yard, Storefront, Visitor Parking, Washrooms Female/Male, Fenced Yard
- # Grade Doors:
- 1
- Ceiling Height:
- 18'
- Services Connected:
- Curb; Gutter, Electricity, Fully Serviced, Lane, Lane Paved, Natural Gas, Paved Streets, Telephone, Sewer - Storm, Street Lighting, Sidewalk
- Water Supply:
- Municipal
- HVAC:
- Baseboard, Forced Air
- Power Type:
- Three Phase
- Roof:
- Signup
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- Yes
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Listed by Amex Broadway West Realty
Data was last updated March 13, 2025 at 04:10 PM (UTC)
- TOM WANG
- RE/MAX CREST REALTY
- 1 (604) 8973390
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.