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$ 4,988,000
Est. payment | /mo
5,227 Sqft Lot
$ 4,988,000
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 C8066568
Year Built 1987
Lot Size 5,227 Sqft
Property Sub-Type Multi Family
Property Description
Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver's most sought-after and evolving neighbourhoods!
Location
Province BC
Community Main
Area Vancouver East
Zoning C-2
Exterior
Utilities Available Cable Connected
Roof Type Torch On
Building
Story 3
Sewer Public Sewer, Storm Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
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