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$ 18,880,000
Est. payment | /mo
0.28 Acres Lot
$ 18,880,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8080474
Year Built 1909
Lot Size 0.280 Acres
Property Sub-Type Retail
Property Description
An exceptional opportunity to acquire a landmark trophy heritage property in the heart of Downtown Vancouver. Situated on a 12,000 sq. ft site with 100 ft frontage along W Hastings St, this property offers approximately 36,000 SF of retail, office excluding common area. The 2011 Renovation also included new mechanical systems, HVAC, plumbing, electrical, windows, sprinklers on all levels, and roof. The property features four street-level retail units, currently fully occupied, providing immediate income with near-term leasing upside. The expansive upper-floor office space approx. 25,000 sq. ft. across 2 levels offers excellent flexibility for an owner-occupier seeking a headquarters or can be demised into multiple suites to maximize rental income. Zoned Downtown District (DD), the property permits a broad range of commercial uses and offers long-term investment flexibility. A rare opportunity to acquire a significant downtown asset with stable income, leasing upside and exceptional long-term potential.
Location
Province BC
Community Downtown Vw
Area Vancouver West
Zoning DD
Interior
Heating Mixed, HVAC System
Cooling Mixed, HVAC System
Exterior
Utilities Available Fully Serviced
Roof Type Other
Building
Story 3
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
Security Features Building Security
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