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2947 Granville Street, Vancouver – Fairview VW

Commercial Properties

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Discover the dynamic landscape of BC commercial properties, particularly in Vancouver with our comprehensive listings. From vibrant retail spaces in trendy neighbourhoods to cutting-edge office buildings in the business district, our platform is your gateway to the city’s diverse commercial properties. Whether you’re an entrepreneur seeking a storefront, an investor eyeing office spaces, or a business owner in search of the perfect location, we’ve got your commercial real estate needs covered. Explore the possibilities and find the ideal space to elevate your business in the heart of Vancouver’s dynamic commercial landscape. Contact us and we’ll be happy to set up a showing for you!

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2947 Granville Street
Fairview VW Vancouver V6H 3J6

$9,970,000
Land Commercial, Retail

Status:
Active
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8082216
Build. Type:
Freestanding
5.51% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. Good for long term investor, owner-user or developer.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Land Commercial, Retail
Commercial Type:
Retail
Construction:
Frame Wood
Building Type:
Freestanding, Street-Level Storefront
Year built:
1940 (Age: 86)
Living Area:
12,956 sq. ft.
Subject Property Depth:
120'
Subject Property Width:
54'
Subject Space Depth:
120'
Subject Space Width:
54'
Contiguous Spc:
12,956 sq. ft.
Retail Size:
6,478 sq. ft.
Wrhse Size:
6,478 sq. ft.
Minimum Divisible Area:
12,956 sq. ft.
Lot Area:
6,534 sq. ft.
Potential to Redevelop:
No
Road Surface:
Paved
Cooling:
Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Curb/Gutter, Electricity Connected, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Sanitary Sewer
Parcel Number:
014175215
Taxes:
$132,286 / 2026
Emergency Lighting, Storefront, Washrooms Female/Male
No
Handicap Access/Facil
No
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
No
Env Assmt Phase:
No
Larger map options:
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Listed by TRG Commercial Realty Ltd.
Data was last updated September 23, 2026 at 06:40 AM (UTC)
AMAR SHAN
DANA BALAN
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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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.