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  • Vendu
SOLD: High Exposure Investment Property - #1
SOLD: High Exposure Investment Property - #2
SOLD: High Exposure Investment Property - #3
SOLD: High Exposure Investment Property - #4
Vancouver Honda represents a rare opportunity to acquire a high exposure investment property in Vancouver's Marpole area. The site is located on the corner of Southwest Marine Drive and Laurel Street within walking distance to Marine Drive Canada Line Station. The site has frontage of approximately 460.5 feet along SW marine Drive and 201 feet along Laurel Street. The total approximate area of the site is 92,615 Sf (2.12 acres).

The property is currently improved with a 45,621 SF, two-storey and basement structure being used as a car dealership and repair shop by Vancouver Honda. Initially constructed in 1975 with further upgrades in 1987, 1991 and most recently 2003. The basement floor consists of a storage area, lockers, electrical and mechanical rooms as well as a staff area. The main level has a showroom, a service counter, and washrooms at the front of the building, while the rear consist of office area, parts storage, and service and wash bays. Stairs as well as a ramp led to the second storey which features car storage, offices and washrooms. There is another small building at the rear of the property consisting of storage, wash and service bays. The remainder of the property comprises parking, and typical landscaping.

I-2 (Industrial) zoning permits industrial and other uses that are generally incompatible with residential land use but are beneficial in that they provide industrial and service employment opportunities.
  • 05/30/2013
  • SOLD