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Home BC Greater Vancouver Vancouver Strathcona Downtown Eastside
477 POWELL STREET
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477 POWELL STREET $3,388,800
$3,388,800
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477 POWELL STREET
Vancouver, British Columbia V6A1G7

MLS® Number: C8060560

Listing Description

Fully tenanted building offering stable income at a 4.1% Cap Rate Originally constructed in 1991, this building has been improved with a mix of retail and residential spaces. It features three spacious 2-bedroom residential units, each with large balconies and individually metered for electricity. The south-facing suites offer views of the park, and the unique courtyard-style building provides tenants with ample secure outdoor space. The ground floor retail unit, featuring high ceilings and electronic security shutters, is leased to a local convenience store. This property is an ideal opportunity for investors looking to capitalize on the area's dynamic growth and cultural appeal while benefiting from high visibility and consistent foot traffic. (35059911)

Property Summary

Property Type
Multi-family
Land Size
3050 sqft
Built in
1991
Annual Property Taxes
$14,509.40
Time on REALTOR.ca
27 days

Measurements

Square Footage
5600 sqft

Land

Other Property Information
Zoning Description
DEOD
Data provided by: Greater Vancouver REALTORS® 2433 Spruce Street, Vancouver, British Columbia V6H 4C8

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