477 POWELL STREET, Vancouver, British Columbia, CA

Address: 477 POWELL STREET, Vancouver, British Columbia

0 Beds0 Baths5600 sqftStatus: Buy
Price $2,770,000

Property Overview


Fully Tenanted Mixed-Use Building | 5% Cap Rate | 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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Square Footage
5600 sqft
Land Size
3050 sqft
Built in
1991
Building
Building Features
Square Footage
5600 sqft
Building Amenities
Balconies
Utilities
Utility Type
Electricity(Available)
Land
Other Property Information
Zoning Description
DEOD COMPRE DEV
Features
           Balconies
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Your Home Finance Calculation

Property Price CA $2,770,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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