Retail for Sale — Vancouver, BC
$6,500,000
1648 NANAIMO STREET, Vancouver, BC V5L4V1
Property details
Structured details
- Zoning
- C1
- Annual property tax
- $65,077.2 (2024)
- Lot dimensions
- 13986
- Utilities
- Water, Electricity, Telephone
- Lot features
- Lane
Listing Information
- MLS®
- C8070454
- Listed
- July 2, 2025
- Time on market
- 439 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Prime Grandview Development site. Corner site, 711 is anchor tenant. Excellent unobstructed view corridor .Potential to assemble and develop the entire block but not necessary. Deemed Commercial node under the Grandview Plan. Allows up to 3.2 FSR. Plan calls for 6 stories mixed use. Fully leased and generating revenue. Current Environmental report on file. Will release complete file upon a signed NDA https://drive.google.com/file/d/1PREq2tJvO4ku97pO7CrMDCOJ5a0rmyh-/view?usp=sharing (id:63159)
Financing calculator
Estimate your monthly payment on the $6,500,000 asking price.
Financing details
- Monthly debt service
- $63,090
- Cash required at close
- $1,325,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Vancouver)
- Population
- 662,248(+4.9% since 2016)
- Population density
- 5,749.7/km²
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 44.9%
- Postsecondary below bachelor's
- 21.4%
- High school diploma
- 23.2%
- No certificate/diploma
- 10.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 56.2%
- Public transit
- 22.9%
- Walked
- 13.1%
- Bicycle
- 5.3%
- Other
- 2.6%
Commute duration
- Under 15 min
- 20.0%
- 15–29 min
- 40.1%
- 30–44 min
- 26.3%
- 45–59 min
- 7.9%
- 60+ min
- 5.6%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Song Huong · Nanaimo Street49m
- Folietta · 1480 Nanaimo Street171m
- Kook · 2800 East 1st Avenue769m
- Fuku Ramen & Sushi · 2800 East 1st Avenue780m
- Via Tevere · 1190 Victoria Drive795m
Cafes (2)
- To Live For · 1508 Nanaimo Street132m
- Mah Milk Bar · 1502 Victoria Drive689m
Grocery (1)
- 大統華 T&T Supermarket · 2800 East 1st Avenue736m
Parks (3)
- Garden Park · 1851 Garden Drive285m
- Clinton Park · 2690 Grant Street406m
- Victoria Park · 1425 Victoria Drive782m
Pharmacies (1)
- Pharmasave · 2800 East 1st Avenue758m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Northbound Nanaimo St @ E 1st Ave | 16m | |
| Southbound Nanaimo St @ E 1st Ave | 100m | |
| Northbound Nanaimo St @ E 4th Ave | 336m | |
| Northbound Nanaimo St @ Charles St | 404m | |
| Southbound Nanaimo St @ William St | 405m | |
| Southbound Nanaimo St @ E 5th Ave | 496m |
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All in Vancouver →Frequently asked questions
What is the asking price for this business?
The asking price is $6,500,000.
Where is this business located?
This listing is located in Vancouver, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.