15 W Cordova Street

Corbel Commercial is pleased to present a unique investment, owner-occupier and redevelopment opportunity to purchase a high-profile restaurant-class 1 property* in a prime location in the heart of Gastown with significant future growth.

15 W Cordova Street is located in historic Gastown, directly adjacent to the newly developed Blood Alley Development by Westbank and across from the future Cohen Block Development, a historic joint venture by Jacqui Cohen, Army & Navy Properties & Bosa Properties. Blood Alley by Westbank features a mix of market and non-market rental homes totalling 142 units, atop retail, restaurant and lounge spaces at grade, a public plaza, and Vancouver’s newest live music performance venue, with a unique breezeway interconnecting Blood Alley Square with Cordova Street.

Across the street, the proposed 150ft tall Cohen Block will further invigorate Gastown, offering a mix of market and non-market homes, office space, child-care space, & retail opportunities.

15 W Cordova Street is currently leased to Tacofino, an exceptionally well-known local eatery with multiple locations across the Lower Mainland, with a loyal customer base, and is neighboured to some of Vancouver’s Michelin-recommended restaurants including L’Abattoir and PIDGIN. The property features a fully fixtured Class-1 restaurant asset of approximately 3,000 SF of rentable area (Approx.) with an outdoor patio off Blood Alley, and offers a fantastic opportunity for an investor or restaurateur looking to acquire a high-profile restaurant space in a prime location with significant potential for growth and future redevelopment opportunities.

Price	Brochure
$7,990,000

Corbel Commercial is pleased to present a unique investment, owner-occupier and redevelopment opportunity to purchase a high-profile restaurant-class 1 property* in a prime location in the heart of Gastown with significant future growth.

15 W Cordova Street is located in historic Gastown, directly adjacent to the newly developed Blood Alley Development by Westbank and across from the future Cohen Block Development, a historic joint venture by Jacqui Cohen, Army & Navy Properties & Bosa Properties. Blood Alley by Westbank features a mix of market and non-market rental homes totalling 142 units, atop retail, restaurant and lounge spaces at grade, a public plaza, and Vancouver’s newest live music performance venue, with a unique breezeway interconnecting Blood Alley Square with Cordova Street.

Across the street, the proposed 150ft tall Cohen Block will further invigorate Gastown, offering a mix of market and non-market homes, office space, child-care space, & retail opportunities.

15 W Cordova Street is currently leased to Tacofino, an exceptionally well-known local eatery with multiple locations across the Lower Mainland, with a loyal customer base, and is neighboured to some of Vancouver’s Michelin-recommended restaurants including L’Abattoir and PIDGIN. The property features a fully fixtured Class-1 restaurant asset of approximately 3,000 SF of rentable area (Approx.) with an outdoor patio off Blood Alley, and offers a fantastic opportunity for an investor or restaurateur looking to acquire a high-profile restaurant space in a prime location with significant potential for growth and future redevelopment opportunities.

• Location 15 W Cordova Street
• Price $7,990,000
• District Gastown
• Type Investment, Owner-Occupier
• Lot Size 3,437.20 SF (Approx.)
• Building Size 3,000 SF (Approx., as per BC assessment)
• Zoning HA-2 (Gastown Historic Area)
• Year Built 1920
• Legal Description LT 14, BLK 2, PL VAP168, DL OGT, NWLD, THE E 26 FT OF LOT 14
• PID 015-713-351
• Property Taxes $46,192.90 (2022)