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LOT 17 RIVERSIDE Drive
Seymour NV Vancouver V7H 1V5

$10,600,000
Land Commercial

Main Photo: LOT 17 RIVERSIDE Drive, Vancouver - Seymour NV
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Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8060929
Lot 17, Riverside Drive - Rare opportunity to acquire 15.1 acres of pristine potential subdividable land in the District of North Vancouver's Riverside Community. Approximately 13.8 acres zoned RS1 (Single-Family Residential One Acre Zone) and 1.3 acres zoned PRO (Parks, Recreation and Open Space Zone) 80% of the property is flat and can be built on, only portion that is steep (30-50% slope) flanks Riverside Drive. New zoning allows between 1-6 Homes being built on the property (Rendering showcases one large home with pool and tennis court) Property has some significant trees on site and is undeveloped with numerous unofficial walking trails stretching North to South. Seller has applied for driveway access off Riverside Drive, the second eastern option is off Bendale/Carnation Streets. Approximate Property Location on Google Maps “1050 Riverside Drive” Data Room with current reports incl survey, environmental, geo tec all available upon request (NDA Required)
Sale Type:
Asset
Lot Area:
15 acre(s)
Acres Freehold:
15.1 acre(s)
Land Use/Zoning:
RS-1
Permitted Use:
Residential
Taxes:
$15,755.1 / 2023
Services Connected:
Electricity at Lot Line, Natural Gas at Lot Line, Sanitary sewer at Lot Line, Storm Sewer at Lot Line
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
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Listed by RE/MAX Crest Realty
Data was last updated July 2, 2024 at 06:10 AM (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.