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539 543 W PENDER Street
Downtown VW Vancouver V6B 1V5

$[***]
Office, Retail

Main Photo: 539 543 W PENDER Street, Vancouver - Downtown VW
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Status:
For Lease
Prop. Type:
Office, Retail
MLS® Num:
C8061616
Build. Type:
Condo Strata Complex
Outstanding opportunity in the heart of Downtown! 539 - 543 W. Pender Street is prominently situated on the highly sought-after Pender Street. Surrounded by a diverse range of amenities, including restaurants, schools, offices, and shops, this prime location ensures a steady flow of potential customers. With the added advantage of a bus stop conveniently positioned in front of the unit, the property enjoys both significant pedestrian and vehicular traffic. Boasting a generous size of close to 2,500 sqft, the property consists of two separate units, each with its own address, and includes the convenience of two underground parking spaces. This remarkable offering serves as a compelling investment opportunity to enhance and expand your asset portfolio. ***Lease available***
Sale Type:
Lease
Lease Type:
Net
Sublease:
No
Total space avail for lease:
2,496 sq. ft.
Construction:
Other
Building Type:
Condo Strata Complex, Mixed Use
Year built:
1996 (Age: 28)
Retail Size:
2,496 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CD-1
Taxes:
$28,713.5 / 2023
Env Assmt Phase:
No
Lse Add Rent Per SF:
16.0
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Listed by RE/MAX Masters Realty
Data was last updated December 3, 2024 at 05:05 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.