Commercial Properties

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2525 BIRCH Street
Fairview VW Vancouver V6H 2T3

$9,900,000
Multi-Family Commercial

Main Photo: 2525 BIRCH Street, Vancouver - Fairview VW
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8064872
Build. Type:
Low Rise (2-4 stories)
Investor Alert! Prime Broadway subway location! Huge re-development potential on the new OCP up to 20 stories with 6.5 FSR! Current mint condition 17-Suite/ 4-stories apartment building situated in the prestigious Fairview Neighbourhood, nearly complete updated in 2013 w/new building envelope & siding, window, sliders, balconies & railings, new roof and was fully re-piped minimizing future capital expenditures. Gross income over $360,000, young professional tenants w/ healthy turnover rate. Located between Granville & VGH stations, 5-min drive to Downtown Vancouver and an excellent cross section of amenities and services along the Granville Retail corridor ensuring the property continues to attract and retain quality tenants and drive rents.
Sale Type:
Asset
Construction:
Wood Frame, Mixed
Building Type:
Low Rise (2-4 stories)
# Bldgs:
1
# Units:
17
# of Apartments:
17
# of Bachelor Apartments:
2
# of 1 Bedroom Apartments:
14
# of 2 Bedroom Apartments:
1
# Storeys:
4.0
Year built:
1989 (Age: 36)
Total Floor Area:
9,845 sq. ft.
Lot Area:
8,000 sq. ft.
Lot Depth:
80
Lot Frontage:
100'
Land Use/Zoning:
RM-3
Permitted Use:
Multifamily (5+)
Taxes:
$23,916 / 2024
Laundry Facility, Visitor Parking
# Elevators:
1
Services Connected:
Electricity, Garbage Collection, Lane Paved, Natural Gas, Telephone
Water Supply:
Municipal
HVAC:
Baseboard, Electric, Hot Water
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
  • Photo 1: 2525 BIRCH Street, Vancouver - Fairview VW
    Photo 1 of 1
Listed by Royal Pacific Realty Corp.
Data was last updated January 22, 2025 at 12:10 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.