Embed Size (px)
Citation preview
4066 Macdonald Street 2785 Alamein Avenue Vancouver, British Columbia
FOR SALE
11,363.08 SF PRIME WEST SIDE DEVELOPMENT SITE WITH HOLDING INCOME
www.trgcommercial.com
FOR MORE INFORMATION PLEASE CONTACT
CHRIS TSOROMOCOSPersonal Real Estate Corporation
PAUL TOFFOLIPersonal Real Estate Corporation
The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by TRG Realty Ltd. or any of its affiliates. TRG Realty neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness or suitability of, or decisions based upon or in connection with, the Information. The Information may change and property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of TRG Realty.
LOCATION
The Property is located on the northeast corner of Macdonald Street and Alamein Avenue in the West side submarket known as Arbutus.
The immediate area is very affluent and is comprised mainly of single family homes with small nodes of commercial and multifamily. Very easy access is possible from this location to Downtown, UBC, Richmond and the best public and private schools in Vancouver.
SITE DESCRIPTION
• 122 feet of frontage along Macdonald Street • 93.14 feet of frontage along Alamein Avenue. • The total site area is 11,363.08 square feet
with easy paved lane access.
IMPROVEMENTS
4066 MACDONALD STREET
This property is improved with a single storey plus mezzanine automobile service/repair shop that is 100% occupied by long time stable tenant R. & F. Motors Ltd.
2785 ALAMEIN AVENUE
This property is improved with a 1966 sf, 5 bedroom home built in 1941, plus a detached 2 car garage. The home is rented out as 2 separate tenancies.
ENVIRONMENTAL SUMMARY
The Vendor has recently commissioned PGL Environ-mental Consultants to conduct Phase 1 and Phase 2 audits for 4066 Macdonald Street. These reports are available to qualified Buyers upon request.
LEASE SUMMARYADDRESS TENANT LE ASE E XP IRY OP T ION TO RENEW
4066 Macdonald Street R. & F. Motors Ltd. August 31st, 2018 None
2785 Alamein Avenue Main & Upper Floor August 31st, 2016 month-month2785 Alamein Avenue Basement August 31st, 2016 month-month
www.trgcommercial.com
4066 MACDONALD ST.
2785 ALAMEIN AVE.
MAC
DONA
LD S
T.
ALAMEIN AVE.
SUBJECT
STANLEY PARK
KITSILANO
ARBUTUS CLUB
Prince of Wales Sec. School
Trafalgar Elem. School
ARBUTUS
DOWNTOWN
SHAUGHNESSY
MACKENZIE HEIGHTS
MUNICIPAL ADDRESS
4066 Macdonald Street, Vancouver, BC 2785 Alamein Avenue, Vancouver, BC
LEGAL DESCRIPTION
Lot D, Block 1, District Lot 139, Plan LMP 18548 Lot 14, Block 1, District Lot 139, Plan VAP4456
PID
018-901-921 • 007-274-246
FRONTAGE
4066 Macdonald Street 60.14 ft 2785 Alamein Avenue 33.00 ft Total 93.14 ft
DEPTH
122 feet
SITE SIZE
4066 Macdonald Street 7,337.08 sf 2785 Alamein Avenue 4,026.00 sf Total 11,363.08 sf
ZONING
CD-1 (328) Comprehensive Development
PROPERTY TAXES (2015)
4066 Macdonald Street $24,854.91 2785 Alamein Avenue $6,149.69 Total $31,004.60
NET INCOME (2015 ESTIMATE)
$123,048.40
PRICE
$6,000,000
EXECUTIVE SUMMARY
www.trgcommercial.com
CHRIS TSOROMOCOSPersonal Real Estate Corporation
PAUL TOFFOLIPersonal Real Estate Corporation
MAC
DONA
LD S
T.
ALAMEIN AVENUE
PRICE$6,000,000
4066
2785
122
feet
93.14 feet
4066 Macdonald Street 2785 Alamein Avenue Vancouver, British Columbia
FOR SALE
