Overview

Simon Lim recently facilitated the off-market sale of two adjacent properties in Downtown Vancouver’s West End for $83.5 million. The properties have a combined site are of 43,282 square feet and are currently improved with two mid-rise office complexes and one 20-storey apartment building built circa 1970. This attractive development opportunity encompasses an entire downtown city block, a rare occurrence in today’s market.

  • Address Vancouver
  • Status Sold
  • Property Type Land
  • Land Area43,282 SF

SOLD 2016

Features

  • Located on the south side of Alberni Street between Nicola and Broughton Streets in Vancouer’s West End
  • Falls within the new West End Community Plan area, which proposes increased density
  • Current office and residential tenants provide strong holding income until redevelopment
  • Large property size provides scale for trophy development site
  • Close proximity to Robson Village, Stanley Park and the Sea Wall

Location

Address

1444 Alberni Street & 740 Nicola Street, Vancouver 

Enquiry

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