Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5600

Square Footage 5,600 sqft

Price per Sqft $444

MLS® Listing ID C8076073

Year Built 1991

Lot Size 3,050 Sqft

Acres 3050.0

Property Description

Fully Tenanted Mixed-Use Building | Prime Investment Opportunity Originally built in 1991 and thoughtfully updated, this fully tenanted building offers a stable income stream with a 5% capitalization rate. The property features a well-balanced mix of residential and retail space, including three spacious 2-bedroom residential units one retail unit, and one storage'with large private balconies, south-facing park views with individually metered electricity. Designed in a unique courtyard style, the building provides residents with secure and generous outdoor space. On the ground floor, a high-visibility retail unit with soaring ceilings and electronic security shutters is leased to a popular local convenience store, ensuring reliable commercial tenancy and steady foot traffic. Ideally located in a vibrant, fast-growing neighborhood, this property presents a compelling opportunity for investors seeking long-term value and exposure to one of the area's most culturally dynamic corridors. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Listed by 1NE Collective Realty Inc.

477 POWELL STREET Vancouver, BC V6A1G7

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Nader Bakhoum,PMP, P.Eng.

Key Details

Location

Rooms

Exterior

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477 POWELL STREET