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$ 12,500,000
Est. payment | /mo
6,098 Sqft Lot
$ 12,500,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8075225
Lot Size 6,098 Sqft
Property Description
Luk Real Estate Group presents the unique opportunity to acquire a rarely available hotel development site in the heart of the Granville Entertainment District. As Vancouver continues to see hotel room rates rise and with demand projecting to outstrip supply in the coming years, a new hotel is needed in this changing neighbourhood. The nearby development at 1167-1193 Granville Street, which proposes a 33-storey hotel at 21.79 FSR on the corner of Granville and Davie Street serves as an excellent precedent for the changing landscape of this block on Granville. *Must be sold with 1129 & 1149 Granville Street (Total List Price of $25,000,000) and can be assembled with 1155 Granville Street for a total land size of 15,000 SF with 125 FT of frontage*
Location
Province BC
Community Downtown Vw
Area Vancouver West
Zoning DD (K-3)
Exterior
Utilities Available Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Sidewalk
Building
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
Nearby Locations