$2,598,000
About this Multi-Family Commercial
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey 1912-character building offers approx 9,000 sq. ft. of space with a large street-front retail unit plus 16 SRO rooms above, including 6 with private washrooms. Solid structure with recent roof work completed. Generates approx. $173,000 gross income and $143,000 net income, representing a 5.5% cap rate. Exceptional location steps to transit, downtown, and the new St. Paul's Hospital precint. A reliable income property with future value-add and redevelopment potential.
Listed by RE/MAX Real Estate Services.
Browse PhotosFeatures
- Type: Multi-Family Commercial
- Sub Type: Multi Family
- Year Built: 1912
- Taxes: $11298.1
- Parking: 3 total
- Zoning: HA-1A
Contact Brian to inquire about this Multi-Family Commercial !
778.829.1105
Photos
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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.