177 East 1st Street

Investment Overview

The Subject Property is located on East 1st Street one property west of St. Georges Avenue in the highly sought after Lower Lonsdale area of North Vancouver. Lower Lonsdale is experiencing a surge of new businesses and development, making it the most sought neighborhood on the North Shore. Being just one block east of Lonsdale Avenue and within a five-minute walk from the Shipyards District further enhances its appeal to potential owner-users or developers.

Additionally, the property’s proximity to public transit and major roads provides a significant value-add, making it easily accessible to the wider community and enhancing its potential for commercial success. Overall, the Subject Properties’ location and features make it a highly desirable investment/development opportunity.

Investment Highlights

• Surrounded by a diverse and growing community with a surge of new businesses and development
• Proximity to public transit, major roads, and the Shipyards District enhances accessibility and appeal
• Potential to assemble with neighbouring property and increase lot size to 5,987 sf
• Zoning and OCP permits for a wide range of commercial, industrial and residential uses
• Strong potential for high return on investment in the long term
• Located in a rapidly appreciating real estate market with low inventory and high demand