$4,988,000
About this Multi-Family Commercial
Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver’s most sought-after and evolving neighbourhoods!
Listed by RE/MAX Real Estate Services/Royal Pacific Realty Corp..
Features
- Type: Multi-Family Commercial
- Size: 7,000 sqft
- Sub Type: Multi Family
- $/SQFT: $712.57
- Year Built: 1987
- Taxes: $16327.2
- Zoning: C-2
Contact Brian to inquire about this Multi-Family Commercial !
778.829.1105
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Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.