$5,000,000
PROPERTY DESCRIPTION:
Trendy neighbourhood across from York's & Pink Pearl restaurants only 5 minutes from Downtown. Strategically located 12,956 sq ft property with rear lane, near bike paths & on bus routes. On the North side of E Hastings just West of Clark Dr. The approved Downtown Eastside Local Area Plan indicates 6 FSR with 120 ft height allowance. Potential 77,736 sq ft buildable with retail on ground floor & residential above. Existing M-1 Industrial zone indicates 5 FSR + amenity areas with 100' height. Owner would lease back existing 7000 sq ft building used as a warehouse on property for 1 year. Adjacent fenced lot part of property. Lots of investment and exciting development action in this neigbhourhood. Numerous major projects by Wall, Millennium, Onni & Solterra etc within a few blocks of this property.
