477 Powell ST, Vancouver, BC V6A 1G7
477 Powell ST, Vancouver, BC V6A 1G7
477 Powell ST, Vancouver, BC V6A 1G7
477 Powell ST, Vancouver, BC V6A 1G7
477 Powell ST, Vancouver, BC V6A 1G7
477 Powell ST, Vancouver, BC V6A 1G7
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$ 2,490,000
Est. payment | /mo

3,049 Sqft Lot


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$ 2,490,000
Est. payment | /mo
Save

3,049 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type Asset

MLS Listing ID C8076073

Year Built 1991

Lot Size 3,049 Sqft

Property Sub-Type Multi Family

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.

Location

Province BC

Community Strathcona

Area Vancouver East

Zoning DEOD COMPREHENSIVE

Interior

Heating Baseboard

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Other

Building

Story 3

Sewer Public Sewer, Sanitary Sewer

Water Public

Others

Ownership Freehold

REBGV/FVREB/Chilliwack (Commercial IDX)
Nearby Locations
Harman Tuhan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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477 Powell ST