2014 Dundas St

3,977 SF Industrial Building Vancouver, BC V5L 1J4 $3,387,487 USD ($852 USD/SF) 2.95% Cap Rate

INVESTMENT HIGHLIGHTS

  • Excellent exposure
  • Redevelopment potential

EXECUTIVE SUMMARY

Court Ordered Sale
Highlights
- Located in Vancouver’s Grandview-Woodland neighbourhood
- Accessible transit and proximity to Downtown Vancouver
- Potential for redevelopment or short-term holding income
- Significant density potential under OCP & Neighborhood Plans
Details
- Property Size: approx. 8,014 SF
- Property Width: 74.25 ft
- Property Depth: 108 ft
- Property Type: Commercial, Mixed-use development potential
- Zoning: C-2 (Commercial)
- Floor Space Ratio (FSR): 3.5 FSR, Grandview-Woodland plan allows 6 storey residential development with commercial at grade.
- Property Taxes: $26,031.30 (2024)
MLS# C8065250

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (USD) ANNUAL PER SF (USD)
Gross Rental Income $105,869 $26.62
Other Income $26,292 $6.61
Vacancy Loss $4,812 $1.21
Effective Gross Income $127,349 $32.02
Taxes $17,996 $4.52
Operating Expenses $27,567 $6.93
Total Expenses $45,563 $11.46
Net Operating Income $81,786 $20.56

PROPERTY FACTS

Price $3,387,487 USD
Price Per SF $852 USD
Sale Type Investment or Owner User
Cap Rate 2.95%
Sale Condition Court Appointed Sale
Property Type Industrial
Property Subtype
Service
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
  • Office Office Residential
Building Class B
Lot Size 0.18 AC
Rentable Building Area 3,977 SF
No. Stories 1
Year Built 1957
Tenancy Single
No. Dock-High Doors/Loading 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (77)

ZONING

Zoning Code C-2 (- Property Type: Commercial, Mixed-use development potential - Zoning: C-2 (Commercial) - Floor Space Ratio (FSR): 3.5 FSR, Grandview-Woodland plan al)
  • Listing ID: 34601184

  • Date on Market: 1/25/2025

  • Last Updated:

  • Address: 2014 Dundas St, Vancouver, BC V5L 1J4