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877&887 W 28th Avenue
Cambie Vancouver V5Z 2H6

$9,460,000
Multi-Family Commercial

View of apartment building / complex
Photo 1: 877&887 W 28th Avenue, Vancouver - Cambie
Photo 2: 877&887 W 28th Avenue, Vancouver - Cambie
Photo 3: 877&887 W 28th Avenue, Vancouver - Cambie
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8074764
Side by side lots, two PIDs, offering a combined frontage of 100 ft and depth of 125 ft CORNER lot with lane access. A permit to build 12 units at FSR 1.2 is around the corner. The property is located within a Transit Oriented Area and has the potential to be assembled with the adjacent lot, achieving a total of 31,250 sq.ft. and permitting a mid-rise development with an FSR of up to 3.0. Measurement according to BC assessment.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
# of Apartments:
12
Year built:
1928 (Age: 98)
Subject Property Depth:
125'
Subject Property Width:
100'
Lot Area:
12,632.4 sq. ft.
Potential to Redevelop:
No, PERMIT READY AT FSR : 1 , 2. POTENTIAL TO DEVOLP AT FSR: 3
Road Surface:
Paved
Electricity:
Yes
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Electricity Connected, Fully Serviced, Natural Gas at Lot Line, Natural Gas Connected, Sanitary sewer at LotLine
Sewer:
Septic Tank, Storm Sewer
Parcel Number:
011166436
Taxes:
$25,000 / 2025
No
Water Rights:
No
Potential to Redevelop:
No, PERMIT READY AT FSR : 1 , 2. POTENTIAL TO DEVOLP AT FSR: 3
  • Photo 1: 877&887 W 28th Avenue, Vancouver - Cambie
    View of apartment building / complex
  • Photo 2: 877&887 W 28th Avenue, Vancouver - Cambie
    Surrounding community
  • Photo 3: 877&887 W 28th Avenue, Vancouver - Cambie
    Aerial perspective of suburban area with property parcel outlined
Listed by Royal Pacific Realty Corp.
Data was last updated January 9, 2026 at 09:35 PM (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.