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In-PersonVirtual Tour
$ 2,350,000
Est. payment | /mo
5,227 Sqft Lot
$ 2,350,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8080692
Lot Size 5,227 Sqft
Property Sub-Type Multi Family
Property Description
London Pacific is pleased to present The Prince (the "Property"), a rare opportunity to acquire a meticulously maintained six-suite apartment building near Vancouver's iconic Commercial Drive. Located in the highly desirable Grandview-Woodland neighbourhood, the Property is positioned steps from the area's renowned restaurants, cafes, boutiques, and transit. Constructed in 1952, the building sits on a 5,367 SF mid-block lot (approximately 44' x 122') with future assembly potential to complete the block. The Prince offers stable in-place cash flow with meaningful value-add potential through strategic suite turnover, renovations, and rental optimization. Owned and meticulously maintained by the same family for decades, the Property represents a true pride-of-ownership asset in one of Vancouver's most established and supply-constrained rental markets. A secure three-bay garage, accessed from the rear lane, provides additional income through month-to-month rentals while offering future revenue enhancements.
Location
Province BC
Community Hastings
Area Vancouver East
Zoning RM-4
Interior
Appliance Common Water Heater
Exterior
Roof Type Torch On
Building
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
Security Features Building Security
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