Vacant since 1970. Worth $8.5million.

A privately-owned site in one of the most desirable locations in Downtown Vancouver has been vacant for nearly 50 years.

The property located at 1401 Robson Street is owned by¬† a Hong Kong company and is zoned for commercial and residential use. The owner, who must pay taxes on the property even if it’s vacant, does not appear to want to sell or make any use of the site. The City of Vancouver cannot force a private landowner to do anything in particular with his/her property.

For more details see: Vacant lot on Vancouver’s Robson Street is decades-old $8.5M real estate mystery

 

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