$2,598,000
221 E GEORGIA STREET
Vancouver, British Columbia V6A1Z6
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $140,000 net income when fully leased/rented (5.41% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential. (id:58554)
Overview
Building
Land & Parking
Features & Amenities
Brokerage
RE/MAX Real Estate Services
3548 West 41st Ave.
Vancouver, British Columbia V6N3E6
๐ (604) 263-2823
