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For Sale | Fully Leased Mount Pleasant Office Building With Future Redevelopment Potential - #1
For Sale | Fully Leased Mount Pleasant Office Building With Future Redevelopment Potential - #2
For Sale | Fully Leased Mount Pleasant Office Building With Future Redevelopment Potential - #3
For Sale | Fully Leased Mount Pleasant Office Building With Future Redevelopment Potential - #4
For Sale | Fully Leased Mount Pleasant Office Building With Future Redevelopment Potential - #5
For Sale | Fully Leased Mount Pleasant Office Building With Future Redevelopment Potential - #6
For Sale | Fully Leased Mount Pleasant Office Building With Future Redevelopment Potential - #7
Colliers is pleased to announce the rare opportunity to acquire a fully leased office building in Mount Pleasant, one of Vancouver's fastest growing commercial districts and transit hub. Excellent opportunity for investors, with rental rate update and future redevelopment potential.


Building Description 

The building is a concrete structure with reinforced concrete foundation/footings with steel frame post tension construction. The roof is an EPDM rubber roof membrane and was installed in 2007. The exterior walls are painted stucco and the main floor has windows with aluminum frames and a glass canopy over the entrance. The building is serviced with gas-fired roof mounted HVAC units and a hot water tank to service the washrooms, showers and kitchens in the building. 

There was a complete retrofit in 1992. The lobby was upgraded in 2014 and the elevator was replaced in 2017. Each floor features outdoor decks, both north and south, with the north deck of the 4th floor containing an extensive roof-top garden with city and mountain views. 


Location 

225 West 8th Avenue is located in Mount Pleasant, one of Vancouver’s fastest growing commercial districts. Mount Pleasant is situated between multiple SkyTrain stations, including the transit hub of Broadway and Cambie. The area has become a hub for tech and life science tenants resulting in increasing rental rates.  

The abundance of nearby transit options on both Main Street and West Broadway add to the allure of Mount Pleasant and the inevitable Broadway SkyTrain extension will further highlight the area for its accessibility and convenience. The property is situated just blocks from Main Street, one of the most popular shopping and restaurant districts in Vancouver’s Westside, which consists of Mount Pleasant’s finest collection of unique fashion and outdoor stores, award-winning restaurants, specialty food grocers, luxurious day salons, and cutting-edge fitness studios.