0.375 acres office building in Vancouver sells for $63 Million

13 Jan 23

0.375 acres office building in Vancouver sells for $63 Million

Robson Street 0.37-acre development site sold for $63 million Western Investor Staff Western Investor Destined for higher-density redevelopment, the Robson Professional Building site in Vancouver sold for more than $12 million over assessed value. Fraser Elliott, Vancouver, for Western Investor Property: Office building Location: 1525 Robson Street, Vancouver Size of property: 27,485 square feet Land size: 16,338 square feet Land size in acres: 0.375 acres BC Assessment value: $50.92 million Listing price: $65 million Sale price: $63 million Date of sale: January 10, 2023 Brokerage: Fraser Elliott, Vancouver Broker: Fraser Ellliott (and team). © 2023 Western Investor