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3263 OAK Street
Shaughnessy Vancouver V6H 2L4

$3,750,000
Multi-Family Commercial

Main Photo: 3263 OAK Street, Vancouver - Shaughnessy
Photo 1: 3263 OAK Street, Vancouver - Shaughnessy
Photo 2: 3263 OAK Street, Vancouver - Shaughnessy
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Photo 13: 3263 OAK Street, Vancouver - Shaughnessy
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8066374
Build. Type:
Freestanding
Priced to sell! We are pleased to present a well maintained, 3 story, 11 - 1-bedroom unit apartment building located in Shaughnessy - one of Vancouver's oldest and most affluent neighborhoods. The building has been very well managed, with secure long-term tenants and spacious suites. There are significant repositioning opportunities and rental upside which makes this investment extremely attractive at the stated price. 1 vacant unit currently, environmental phase 1 completed with no issues. The property is walking distance from VGH which attracts medical professionals. The property is also situated under the provincial Transit Oriented Area policy for up to 3 FSR and 8 Storey's, 100% residential which translates to a property price of $173/BSF.
Sale Type:
Asset
Construction:
Wood Frame, Mixed
Building Type:
Freestanding, Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
# Bldgs:
1
# of Apartments:
11
# of 1 Bedroom Apartments:
11
# Storeys:
3.0
Year built:
1945 (Age: 80)
Total Floor Area:
7,896 sq. ft.
Lot Area:
7,200 sq. ft.
Lot Depth:
120
Lot Frontage:
60'
Land Use/Zoning:
RM-3A
Permitted Use:
Multifamily (5+)
Taxes:
$13,307.9 / 2024
Laundry Facility, Secured Building, Secured Parking
Services Connected:
Electricity, Garbage Collection, Lane, Natural Gas
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
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Listed by Gammon International Real Estate Corporation
Data was last updated February 22, 2025 at 05:10 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.