$2,670,000

477 POWELL STREET

Vancouver, British Columbia V6A1G7

For sale
5600 sqft3050 sqft

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. (id:58554)

Overview

Property TypeMulti-family
TransactionFor sale
MLSยฎC8076073

Building

Interior Size5600 sqft
Year Built1991

Land & Parking

Lot Size3050 sqft
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Listing Agent

Ting Wang

Ting Wang

Personal Real Estate Corporation

๐Ÿ“ž (604) 367-5754

Brokerage

1NE Collective Realty Inc.

#215 - 8600 Cambie Road

Richmond, British Columbia V6X4J9

๐Ÿ“ž (604) 999-8882

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