70 ft. of streetfront retail on West Broadway has sold in a $5 Million deal. 2865 and 2871 West Broadway are two side-by-side, mid-block streetfront retail properties on the North side of Broadway, West of Macdonald Street.
The two buildings have a combined building area of 3,836 SF and a site area of 8,024 SF.
The properties had been listed for sale separately with a combined price of $5,506,000.
Kevington Building Corp. has submitted a rezoning application for the Chevron site at 3150 Edgemont Boulevard in the Edgemont Village area of North Vancouver.
The 12,000 SF site was acquired by Kevington for $5,900,000 as part of a portfolio of gas stations sold by Parkland Corporation, through Colliers, in 2024.
The preliminary plan for the site includes a 4-storey building with:
Polygon Development has submitted a rezoning application to the District of North Vancouver for a 3.5 acre site they own in the Lynn Valley Town Centre area.
The site is a combination of two properties:
1246-1268 Lynn Valley Road is currently occupied by two-storey strip mall.
3050-3174 Baird Road is currently occupied by Draycott Gardens, a 32-unit rental townhouse complex built in 1972.
The OCP designation for the site is: Residential Level 5: Low Density Apartment and Residential Level 6: Medium Density Apartment.
The rezoning application proposes four 6-storey buildings that include:
408 total units;
64 rental units (including 32 replacement rental units);
344 condo units;
27,000 SF of commercial space;
Two levels of underground parking with 450 stalls.
A total density of 2.50 FSR.
An overview of the proposal can be viewed here:
The site was acquired for a combined value of $59,400,000 in 2021.
A 2-storey office building at 3066 Arbutus Street has sold to an owner-user. The 1978-era building is located on a 6,930 SF lot at the Northeast corner of Arbutus & West 15th Avenue on the Westside of Vancouver.
Details:
Building Size: 6,311 SF
Sale Price: $5,412,750
Price/SF: $858
The 2nd floor of the building was vacant, with the ground floor leased to Luxmore Realty until 2027.
The property had been listed for sale for $6,800,000 by Jones Lang Lasalle.