Charles Zhou PREC
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1696 Franklin Street
Hastings Vancouver V5L 1P4

$5,100,000
Industrial, Retail

Status:
Active
Prop. Type:
Industrial, Retail
MLS® Num:
C8072949
Avison Young is proud to present 1696 Franklin Street - a rare opportunity to acquire a freehold industrial building with a 7,000 sf warehouse and a 2,000 sf yard or parking area, on a 9,085 sf corner lot. This building offers two (2) grade loading bays, an open plan warehouse with washroom, and vacant possession, making it well positioned for owner users or developers benefiting from development potential. CURRENT ZONING: M-2 Industrial MAXIMUM BUILDABLE AREA: 45,425 sf FUTURE LAND USE: Cedar Cove Portside Industrial
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Industrial, Retail
Commercial Type:
Industrial
Construction:
Concrete, Frame Wood
Num Storeys:
1
# Bldgs:
1
Year built:
1941 (Age: 84)
Living Area:
7,000 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
75'
Mezzanine Size:
1 sq. ft.
Wrhse Size:
7,000 sq. ft.
Class Of Space:
Class B
Lot Area:
9,147.6 sq. ft.
Zoning:
Potential to Redevelop:
MAX DENISTY 5.0 FSR = 45,425 BUILDABLE SF, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Env Assmt Comment:
PHASE 1, AUG. 2020
Parcel Number:
002491656
Taxes:
$61,230.5 / 2025
No
# Elevators:
0
# Docks:
2
# Grade Doors:
2
# Loading Doors:
17
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
MAX DENISTY 5.0 FSR = 45,425 BUILDABLE SF, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated October 12, 2025 at 09:40 PM (UTC)
CHARLES ZHOU PERSONAL REAL ESTATE CORPORATION
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