Zoned IL (Light Industrial), the site currently supports a 1.2 Floor Area Ratio (FAR), with the potential to rezone for commercial use and increase density to 2.0 FAR. The maximum allowable building height is 25 meters, and the property’s 33 ft x 122 ft dimensions provide a manageable footprint for developers seeking an entry-level project or a strategic land hold. Notably, adjacent parcels are also available, offering the possibility to assemble up to 0.27 acres for a larger-scale redevelopment.
The site enjoys exceptional connectivity via Highway 99, Highway 91, and the Canada Line SkyTrain, with YVR International Airport, Downtown Vancouver, and Deltaport all within a short drive. The surrounding area is home to a vibrant mix of retail, hospitality, and residential developments, including Aberdeen Centre, Concord Gardens, and the International Trade Centre, reinforcing the long-term value of this location.
Nick Westlake
CBRE
