For Lease

Listing 3 adjacent properties 1636, 1642 & 1670 Pandora Street. Heavy Industrial redevelopment site, 2 blocks North of East Hastings St. at Commercial Drive & 3 blocks South of the Port of Van. waterfront, in East Van. Contiguous site is 31,283 SQFT of land & 256.42 feet of frontage along Pandora St. Rare opportunity to own nearly 60% of entire city block. Potential to acquire adjacent building to the site. First time to sales market in approx. 50 years. Currently 3 Industrial buildings on site (23,767 SQFT floor area). Vacant possession available. Present M2 zoning allows higher density Floor Space Ratio to 5.0 times the site size (156,416 buildable SQFT) for allowed uses of manufacturing, wholesaling, transportation & storage. Site is directly across the 4 storey PS Public Storage Canada bldg (74,000 SF floor area) & directly behind the new 7 storey Key Self Storage bldg. 2021 Phase 2 Environmental Analysis done. 2023 BC Property Tax Assessed Value $14.5 Million. List price $118 per Buildable SQFT.