6201 Fraser Street

Purchase this two storey building and renovate it and increase the NOI while you look at future redevelopment opportunities. Was two buildings consolidated in 2007. 5, 016 square feet on ground floor, could be demised. 4 1BR units rented on North End of 2nd floor. South half of 2nd floor could accommodate 3 1BR units, currently storage. Existing retailer would be willing to lease part or all of the the ground floor. City of Vancouver has parking across the lane, look to explore consolidation and redevelopment similar to SW corner 49th and Main Street.