This offering presents the opportunity to acquire a 6,079-square-foot C-2 zoned corner property located along the highly visible Victoria Drive corridor in Vancouver. The property consists of a ground-floor commercial retail unit and three fully leased residential units on the second floor, providing stable holding income. Its corner configuration enhances future design flexibility and visibility, making it an attractive option for investors, developers, and land assembly groups seeking mixed-use redevelopment potential under the City of Vancouver’s C-2 zoning. With strong frontage on both Victoria Drive and East 34th Avenue, the property offers excellent long-term upside through density increases supported by the C-2 policy framework.
Strategically positioned in the heart of Vancouver, the property benefits from prominent exposure along Victoria Drive with 62.8 feet of frontage and an additional 96.8 feet on East 34th Avenue. The surrounding neighbourhood offers convenient access to parks, schools, and major retailers such as 88 Supermarket, T&T Supermarket, and London Drugs. Recent building upgrades include a tar-and-gravel roof replacement completed approximately ten years ago. The residential units feature electric baseboard heating and individual hot water tanks, ensuring operational ease for future ownership.
James Shandro
Avison Young Commercial Real Estate
