3386 Fraser Street
Land Commercial
Property Type
$2,999,000
Price
About the Property
7,629 SF Development Site in Mount Pleasant
Dan Chatfield and Steve Fame are pleased to present 3386 Fraser Street, a 7,629 SF development site on the Fraser Street commercial corridor in Mount Pleasant.
The site is zoned C-2, which permits 2.50 FSR for strata condominium or 3.50 FSR for 100% secured purpose-built rental. No rezoning is required, offering a direct path to a development permit. The property is currently improved with a surface parking lot only, with no tenancies or structures to work around.
Lot Size: 7,629 SF
Zoning: C-2 (2.50 FSR Condo / 3.50 FSR Rental)
Buildable: Approx. 19,073 SF (Condo) / 26,702 SF (Rental)
Price per Buildable SF: $157 (Condo) / $112 (Rental)
Steve Fame
Personal Real Estate Corporation | Executive Vice President
Paradigm Group Commercial Real Estate Services
D: 604.761.3263 | O: 604.398.8836
Dan Chatfield
Personal Real Estate Corporation | Senior Vice President
Paradigm Group Commercial Real Estate Services
D: 604.318.6313 | O: 604.398.8836
Fraser Street - A Bustling Commercial Corridor
Fraser Street has become one of the most active secured rental development corridors on the East Side, as well as, one of Vancouver's strongest restaurant districts. Fraser Street is home to Michelin-starred Masayoshi, along with Michelin-recommended Nammos Estiatorio, Zab Bite, Savio Volpe and Chez Céline, with Published on Main and Burdock & Co. a short distance west.
This concentration of recognized dining draws visitors from across the region and supports both retail demand at grade and rental demand above.
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