800 MARINE DRIVECITY OF NORTH VANCOUVER, BC
F O R S A L E
HIGH PROFILE CORNER SITE
FELL AVENUE
MARINE DRIVE
CBRE Limited is pleased to present the opportunity to acquire 800 Marine Drive (the “Subject Property”), a 15,500 square foot, high profile corner site with mixed-use retail/residential development potential. Situated on the northwest corner of Marine Drive and Fell Avenue, in the City of North Vancouver, this site is located on one of the most dominant retail corridors on the North Shore.
LOCATION OVERVIEWThe Subject Property is situated at the prime, high-profile intersection of Marine Drive and Fell Avenue, in the City of North Vancouver’s Marine-Hamilton area. Directly across the street from Capilano Mall, currently anchored by Walmart, Save-On Foods, Bed Bath & Beyond and Golf Town, this site offers exceptional potential with the future redevelopment of the shopping centre, by the same developer of the Oakridge redevelopment, QuadReal Property Group.
The area is undergoing a rapid transformation, experiencing densification of multifamily residential development to become one of the most dominant retail corridors on the North Shore.
LEGAL ADDRESSLot F Block D District Lot 265 Plan 20986, PID 005-028-647
SITE SIZE**15,500 square feet
BUILDING SIZE**6,300 square feet
ZONINGCS-1 (Service Commercial)
OFFICIAL COMMUNITY PLANMixed-Use Level 2
MAXIMUM ALLOWABLE DENSITY*2.5 FSR (Including 0.5 Bonus)
ASSESSED VALUELand $7,161,000Improvement 8,700Total $7,169,700
GROSS TAXES$55,513.36
TENANCYMidas
NOIContact Listing Agents
PRICEContact Listing Agents
CITY OF NORTH VANCOUVER, BC800 MARINE DRIVE
THE OPPORTUNITY
WEST 3RD STREET
WEST 1ST STREET
FELL AVENUE
MARINE DRIVE
VERYWALKABLE
GOODTRANSIT
BIKEABLE
CAPILANO MALL
*It is the obligation of any prospective purchaser to confirm the allowable density with the City of North Vancouver.
**Approximate, subject to prospective purchasers verifying.
CARSON GRAHAM SECONDARY
MAHON PARK
CAPILANO BUSINESS PARK
MACKAY PARK GREENBELT
WESTVIEW SHOPPING CENTRE
TRANS-CANADA HWY
HIGH PROFILE CORNER SITE WITH DEVELOPMENT POTENTIAL
CITY OF NORTH VANCOUVER
PROPERTY HIGHLIGHTSCITY OF NORTH VANCOUVER, BC800 MARINE DRIVE
Exceptional corner at prominent intersection
Surrounded by a vibrant amenity base
OCP designated
Short term holding income
j
j
GASTOWN
BOUNDARY
WEST END
DOWNTOWN
KIRKSTONELIONS GATE
KEITH LYNN
STANLEY PARK
COAL HARBOUR
VALLEY CENTRE
LOWER LONSDALE
LOWER CAPILANO MARINE
Marine Drive
BURRARD INLET
W Keith Road
SEA
BU
S
V2
V E
MP
RE
SS
SQUAMISHNATION
Fe
ll A
ve
LOWER CAPILANO MARINELOWER CAPILANO MARINELOWER CAPILANO MARINE
HIGH PROFILE CORNER SITE WITH DEVELOPMENT POTENTIAL
CITY OF NORTH VANCOUVER, BC800 MARINE DRIVE
THE OFFICIAL COMMUNITY PLANThe Subject Property is currently zoned CS-1, however it is designated under the City of North Vancouver’s Official Community Plan as Mixed-Use Level 2, allowing for a maximum density of 2.0 FSR*. A maximum increase of 0.5 FSR may be considered though discussions with the City of North Vancouver.
Sites can be fully commercial, mixed-use, or live/work and must emphasize street fronting activity including shops, cafés or services.
43
23
57
68
46
19
48
166232
57
46
46
5537
23
40
34
3643
23
18
46
3768
74
3723
16
1616
56
56
25
28
16
13
40
23 4646
37
37
4 storeys
4 storeys4 storeys
TOBRUCKW 17TH
W 19TH
W 20TH
W 21ST
E 4TH
E 3RD
E 4TH
E 5TH
E 25TH
E 7TH
ST A
NDRE
W'S
ST GE
ORGE
'S
CHEST
ERFIE
LD
LONS
DALE
FORB
ESLA
RSON
HANE
S
W 1ST
W 2ND
W 3RD
W 4TH
W 5TH
W 6TH
W KEITH
W ESPLANADE
W 13TH
W 25TH
W 29TH
W 26TH
W 27TH
W 28TH
W 21ST
W 19TH
W 18TH
W 17TH
HEND
RY
LOW LEVEL
E 1ST
E 3RD
E 28TH
E 22ND
E 23RD
E 24TH
E 21ST
E 26TH
E 27TH
E 20TH
E 19TH
E 14TH
E 15TH
E 16TH
E 17TH
E 18TH
E 8TH
E 9TH
E 10TH
E 11TH
E 12TH
E 13TH
E KEITH
SOMERSET
TEMPE
MAITL
AND
RIDGE
WAY
MOOD
Y
GRAN
D BO
ULEV
ARD
SUTH
ERLA
ND
WILL
IAM
RUFU
S
ST DA
VID'
S
RIDGE
WAY
MOOD
Y
QUEE
NSBU
RY
SUTH
ERLA
ND CLOVERLEY
SHAVINGTON
E 6TH
E 5TH
E 4TH
E 2NDE ESPLANADE
ST AN
DREW
'S
JONE
S
MAHO
N
CHES
TERF
IELD
ST G
EORG
E'S
LONS
DALE
TRANS CANADA HWY
SQUAMISH NATION
GOST
ICK
FELL
AUTOMALL
HARBOURSIDE
W 3RD
W 1ST
MARINE DR
HAMI
LTON
NELS
ON
FELL
W 24TH
W 23RD
W 22ND
WEST
VIEW
W 16TH
W 15TH
W 14TH
LARS
ON
W KEITH
BEWI
CKE
JONE
S
MAHO
N
CHES
TERF
IELD
MACK
AY
TEMPE
GLEN
TEMPE KNOLL
RUFUS DR
CEDAR VILLAGE CR
ALDER
HEYWOOD
BROO
KSBA
NK
COTTON
FORB
ES
ST PA
TRICK
'S
WEST
VIEW
N
Land Use DesignationThis map should be viewedin conjunction with theprovisions of Sections 2.1and 2.2 of Chapter 1 O
CP
Den
sity
(FSR
)
Residential Level 1 (Low Density)
0.5
Residential Level 2 (Low Density)
0.5
Residential Level 3 (Low Density)
0.75
Residential Level 4A (Medium Density)
1.0
Residential Level 4B (Medium Density)
1.25
Residential Level 5 (Medium Density)
1.6
Mixed Use Level 4B (High Density)
3.0
Mixed Use Level 4A (High Density)
2.6
Mixed Use Level 2 (Medium Density)
2.0
Mixed Use Level 1 (Low Density)
1.0
City Boundary
Industrial
Commercial
School & Institutional
Parks, Recreation & Open Space
# Maximum Building Heights in Metres
Res
iden
tial
Mix
ed U
se
Residential Level 6 (High Density)
2.3
Max
imum
Bon
us (F
SR)
up to 1.0
up to 0.5
-
up to 1.0
Part of the Official Community Plan
Schedule ALand Use
This map forms part of and is integral to the Official CommunityPlan. Land use designations extend from property boundary tothe centerline of streets and lanes.
All residential development without maximum heights on this mapshall not exceed six storeys. For other uses, heights shall be regulatedthrough the Zoning Bylaw and in considering increases in building heights,attention will be given to view impacts, contextual relationships and thelivability or use of the buildings.
Mixed Use Level 3 (Medium Density)
2.3
Harbourside Waterfront (Mixed Use)
2.05
Mixed Employment
up to 1.0
up to 0.5
up to 1.0
up to0.15
Adopted March 23, 2015Amended October 26, 2015
Amended July 11, 2016Amended November 21, 2016
Amended April 3, 2017Amended June 19, 2017
NOTES
Printed: 22.06.2017
Metres Approx. Storeys12-13 4 18-19 6 23-25 8 37 12 46 15 55-56 18 68 22 74 24
Example Height Equivalencies
Special Study Area
Land Use DesignationThis map should be viewedin conjunction with theprovisions of Sections 2.1and 2.2 of Chapter 1 O
CP
Den
sity
(FSR
)
Residential Level 1(Low Density)
0.5
Residential Level 2(Low Density)
0.5
Residential Level 3(Low Density)
0.75
Residential Level 4A(Medium Density)
1.0
Residential Level 4B(Medium Density)
1.25
Residential Level 5(Medium Density)
1.6
Mixed Use Level 4B(High Density)
3.0
Mixed Use Level 4A(High Density)
2.6
Mixed Use Level 2(Medium Density)
2.0
Mixed Use Level 1(Low Density)
1.0
City Boundary
Industrial
Commercial
School & Institutional
Parks, Recreation &Open Space
#Maximum BuildingHeights in Metres
Res
iden
tial
Mix
edU
se
Residential Level 6(High Density)
2.3
Max
imum
Bon
us(F
SR)
up to1.0
up to0.5
-
up to1.0
Mixed Use Level 3(Medium Density)
2.3
Harbourside Waterfrfr ront(Mixed Use)
2.05
Mixed Employment
up to1.0
up to0.5
up to1.0
up to0.15
Special Study Area
43
23
57
68
46
19
48
166232
57
46
46
5537
23
40
34
3643
23
18
46
3768
74
3723
16
1616
56
56
25
28
16
13
40
23 4646
37
37
4 storeys
4 storeys4 storeys
TOBRUCKW 17TH
W 19TH
W 20TH
W 21ST
E 4TH
E 3RD
E 4TH
E 5TH
E 25TH
E 7TH
ST A
NDRE
W'S
ST GE
ORGE
'S
CHEST
ERFIE
LD
LONS
DALE
FORB
ESLA
RSON
HANE
S
W 1ST
W 2ND
W 3RD
W 4TH
W 5TH
W 6TH
W KEITH
W ESPLANADE
W 13TH
W 25TH
W 29TH
W 26TH
W 27TH
W 28TH
W 21ST
W 19TH
W 18TH
W 17TH
HEND
RY
LOW LEVEL
E 1ST
E 3RD
E 28TH
E 22ND
E 23RD
E 24TH
E 21ST
E 26TH
E 27TH
E 20TH
E 19TH
E 14TH
E 15TH
E 16TH
E 17TH
E 18TH
E 8TH
E 9TH
E 10TH
E 11TH
E 12TH
E 13TH
E KEITH
SOMERSET
TEMPE
MAITL
AND
RIDGE
WAY
MOOD
Y
GRAN
D BO
ULEV
ARD
SUTH
ERLA
ND
WILL
IAM
RUFU
S
ST DA
VID'
S
RIDGE
WAY
MOOD
Y
QUEE
NSBU
RY
SUTH
ERLA
ND CLOVERLEY
SHAVINGTON
E 6TH
E 5TH
E 4TH
E 2NDE ESPLANADE
ST AN
DREW
'S
JONE
S
MAHO
N
CHES
TERF
IELD
ST G
EORG
E'S
LONS
DALE
TRANS CANADA HWY
SQUAMISH NATION
GOST
ICK
FELL
AUTOMALL
HARBOURSIDE
W 3RD
W 1ST
MARINE DR
HAMI
LTON
NELS
ON
FELL
W 24TH
W 23RD
W 22ND
WEST
VIEW
W 16TH
W 15TH
W 14TH
LARS
ON
W KEITH
BEWI
CKE
JONE
S
MAHO
N
CHES
TERF
IELD
MACK
AY
TEMPE
GLEN
TEMPE KNOLL
RUFUS DR
CEDAR VILLAGE CR
ALDER
HEYWOOD
BROO
KSBA
NK
COTTON
FORB
ES
ST PA
TRICK
'S
WEST
VIEW
N
Land Use DesignationThis map should be viewedin conjunction with theprovisions of Sections 2.1and 2.2 of Chapter 1 O
CP
Den
sity
(FSR
)
Residential Level 1 (Low Density)
0.5
Residential Level 2 (Low Density)
0.5
Residential Level 3 (Low Density)
0.75
Residential Level 4A (Medium Density)
1.0
Residential Level 4B (Medium Density)
1.25
Residential Level 5 (Medium Density)
1.6
Mixed Use Level 4B (High Density)
3.0
Mixed Use Level 4A (High Density)
2.6
Mixed Use Level 2 (Medium Density)
2.0
Mixed Use Level 1 (Low Density)
1.0
City Boundary
Industrial
Commercial
School & Institutional
Parks, Recreation & Open Space
# Maximum Building Heights in Metres
Res
iden
tial
Mix
ed U
se
Residential Level 6 (High Density)
2.3
Max
imum
Bon
us (F
SR)
up to 1.0
up to 0.5
-
up to 1.0
Part of the Official Community Plan
Schedule ALand Use
This map forms part of and is integral to the Official CommunityPlan. Land use designations extend from property boundary tothe centerline of streets and lanes.
All residential development without maximum heights on this mapshall not exceed six storeys. For other uses, heights shall be regulatedthrough the Zoning Bylaw and in considering increases in building heights,attention will be given to view impacts, contextual relationships and thelivability or use of the buildings.
Mixed Use Level 3 (Medium Density)
2.3
Harbourside Waterfront (Mixed Use)
2.05
Mixed Employment
up to 1.0
up to 0.5
up to 1.0
up to0.15
Adopted March 23, 2015Amended October 26, 2015
Amended July 11, 2016Amended November 21, 2016
Amended April 3, 2017Amended June 19, 2017
NOTES
Printed: 22.06.2017
Metres Approx. Storeys12-13 4 18-19 6 23-25 8 37 12 46 15 55-56 18 68 22 74 24
Example Height Equivalencies
Special Study Area
SOURCE: City of North Vancouver
*It is the obligation of any prospective purchaser to confirm the allowable density with the City of North Vancouver.
P i t d 22 06 2017
Metres Approx. Storeys12-13 418-19 623-25 8
37 1246 15
55-56 1868 2274 24
Example Height Equivalencies
F O R S A L E800 MARINE DRIVE
CITY OF NORTH VANCOUVER, BC
MARIO NEGRIS PERSONAL REAL ESTATE CORPORATION
EXECUTIVE VICE PRESIDENT URBAN PROPERTIES GROUP
+1 604 662 [email protected]
ALEX VASSOSSENIOR SALES ASSOCIATEINVESTMENT PROPERTIES
+1 604 662 [email protected]
FOR ADDITIONAL INFORMATION PLEASE CONTACT LISTING AGENTS
CBRE Limited | 1021 West Hastings Street | Suite 2500 | Vancouver, BC | V6E 0C3
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained f rom third parties (the “Information”) has
not been verif ied by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the
Information may be withdrawn f rom the market at any time without notice or obligation to the recipient f rom CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its aff iliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
ADRIAN BERUSCHIPERSONAL REAL ESTATE CORPORATION
SENIOR VICE PRESIDENT URBAN PROPERTIES GROUP
+1 604 662 [email protected]
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