4990 Victoria Drive, Victoria VE, Vancouver East (C8069916)

4990 Victoria Drive

Victoria VE, Vancouver East

$4,200,000

6,098 sqft

Avison Young is proud to present the opportunity to acquire 4990 Victoria Drive, a strategically located corner property in the heart of Vancouver, British Columbia. Situated along the prominent Victoria Drive corridor, this property offers exceptional visibility and frontage, making it an ideal asset for both immediate income and long-term redevelopment potential. The property comprises a well-positioned commercial retail unit at grade and three fully leased residential rent…al units on the second floor, providing stable holding income from day one. Its corner lot configuration enhances accessibility and future design flexibility—key attributes for urban development. As a prime candidate for land assembly, 4990 Victoria Drive represents a pivotal piece for unlocking greater density and value through the City of Vancouver’s C-2 zoning policy, which supports mixed-use redevelopment. This offering is complimented by the opportunity to acquire the DQ Franchise Operating Business. Contact listing agents.
Listed by Avison Young Commercial Real Estate Services, LP.

Avison Young is proud to present the opportunity to acquire 4990 Victoria Drive, a strategically located corner property in the heart of Vancouver, British Columbia. Situated along the prominent Victoria Drive corridor, this property offers exceptional visibility and frontage, making it an ideal asset for both immediate income and long-term redevelopment potential. The property comprises a well-positioned commercial retail unit at grade and three fully leased residential rental units on the second floor, providing stable holding income from day one. Its corner lot configuration enhances accessibility and future design flexibility—key attributes for urban development. As a prime candidate for land assembly, 4990 Victoria Drive represents a pivotal piece for unlocking greater density and value through the City of Vancouver’s C-2 zoning policy, which supports mixed-use redevelopment. This offering is complimented by the opportunity to acquire the DQ Franchise Operating Business. Contact listing agents.

Listed by Avison Young Commercial Real Estate Services, LP.

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.