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$2,670,000
Est. payment /mo
0.7 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8073271
Year Built 1991
Lot Size 0.700 Acres
Property Sub-Type Multi Family
Property Description
Fully Tenanted Mixed-Use Building | 5% Cap Rate | 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.
Location
Province BC
Community Strathcona
Area Vancouver East
Zoning DEOD COMPNSIVE DVLPM
Interior
Heating Baseboard
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Other
Building
Sewer Public Sewer
Water Public
Others
Ownership Freehold
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