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High-profile mixed-use site in North Van trades for $21.85 million

Prominent site situated in a high-traffic retail corridor
High profile, high potential drove the sale of this 0.9-acre mixed-use development site at Marine Drive and Mackay Road in North Vancouver on June 20.

DEAL | A team effort successfully closed a deal for 0.9 acres at 965-991 Marine Drive and 1600 Mackay Road in North Vancouver on June 21. Brokers from William Wright Commercial and Sutton Premier Realty represented the buyer, while the seller was represented by CBRE Ltd. The sale price of $21.8 million worked out to $23.74 million per acre for the high profile, mixed-use development site adjacent to Capilano Mall and minutes from Lonsdale Quay.

PRICE | $21,846,566

FROM | Stephen Gammer, William Wright Commercial, and Cleve Park, Sutton Premier Realty