477 Powell Street, Vancouver, British Columbia V6A 1G7

Listed for:
$2,670,000
0 beds
0 baths
Listed 5 days ago
477 Powell Street, Vancouver, British Columbia V6A 1G7

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About

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:27476)

Property Highlights

MLS® Number
C8076073
Type
Multi-family
Maintenance Fee
0.00
Land Size
3050 sqft

Building

Square Footage
5600 sqft
Amenities
Balconies
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
1NE Collective Realty Inc.
MLS® number:
C8076073
Agent:
Ting Wang
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