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1016 W 12th Avenue
Fairview VW Vancouver V6H 1L3

$4,750,000
Multi-Family Commercial

View of building exterior
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8069412
Build. Type:
Freestanding
EXCELLENT MAINTAINED AND UPGRADE 11 UNIT APARTMENT BUILDING IN THE PRIME FAIRVIEW VW AREA. THIS 3 STORES WALK UP BUILDING IS LOCATED AT W12 AND OAK STREET. NEAR SHOPS, PUBLIC TRASIT, VG HOSPITAL, RESTAURANTS AND FUTURE SKYTRAIN.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Concrete Block, Frame Wood
Name of Complex/Subdivision:
The Daralene
Num Storeys:
3
Building Type:
Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
# Units Total:
11
# of Apartments:
11
# of Bachelor Apartments:
1
# of 1 Bedroom Apartments:
9
# of 2 Bedroom Apartments:
1
Year built:
1958 (Age: 67)
Living Area:
0 sq. ft.
Subject Property Depth:
125'
Subject Property Width:
50'
Subject Space Depth:
125'
Subject Space Width:
50'
Lot Area:
6,098.4 sq. ft.
Potential to Redevelop:
Yes, No
Road Surface:
Paved
Cooling:
Electric
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer
Env Assmt Comment:
OIL TANK REMOVED
Parcel Number:
011140437
Taxes:
$14,018.5 / 2024
Balconies, Emergency Lighting, Laundry Facility
No
Security System
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
Yes, No
Env Assmt Phase:
No
  • Photo 1: 1016 W 12th Avenue, Vancouver - Fairview VW
    View of building exterior
Listed by Royal Pacific Realty Corp.
Data was last updated June 6, 2025 at 12:40 AM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.

Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.