Prime light industrial site sold for $2.75 million, $210K above its assessed value
Stuart Wright Nick Goulet
Western Investor
Breakdown:
Property type: Light industrial
Location: 275 West 6th Avenue, Vancouver
Property size: 1,947 square feet
Lot size: 2,662.52 square feet
Zoning: I-1 (light industrial)
Floor space ratio: FSR 3
BC Assessment value: $2.54 million
List price: $2.85 million
Sale price: $2.75 million
Date of sale: February 14, 2020
Brokerage: Macdonald Commercial
Brokers: Stuart Wright and Nick Goulet
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