A 4-storey property at the Northeast corner of West 16th Avenue and Oak Street has sold.
3108 Oak Street is zoned C2-zoned but is also designated in the Broadway Plan for up to 18-storeys.
Property and sale details:
- Lot size: 15,116 SF
- Building size: 49,000 SF
- 9 commercial units
- 25 residential units
- Sale price: $12,700,000 ($259/sf building, $140/buildable SF @ 6.0 FSR)
The asking price for the property was $15,000,000. The building was listed and sold by Brett Aura of TRG Realty.
