221 E Georgia Street

Strathcona, Vancouver East

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221 E Georgia Street

Strathcona, Vancouver East

$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.

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Features

  • Type: Multi-Family Commercial
  • Sub Type: Multi Family
  • Year Built: 1912
  • Taxes: $11298.1
  • Parking: 3 total
  • Zoning: HA-1A
Listing details contact form

Contact Brian to inquire about this  Multi-Family Commercial !

778.829.1105





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