3,050 sqft
Living Area
3,050 sqft
Lot
1910
Year Built
About This Property
This multi-family in Vancouver offers 3,050 sqft of living area on a 3,050 sqft lot. Built in 1910. The property has lot dimensions of 3050.
MLS Remarks
A four-story low-rise mixed-use building in the Downtown Eastside offers 36 rooms and a single retail store. The lot spans 3,050 square feet, with a total usable space of 12,200 square feet plus an unfinished 3,000-square-foot basement. It generates a net operating income of about $312K annually, and there's also an option to lease, excluding the grocery shop, for $20K net per month. There's a possibility to rezone for a hotel and construct a 12-story building with 20% designated for rentals. Please confirm this with the City of Vancouver Planning Department. The Owner is willing to sell a 50% ownership interest in the property. (id:60351)
Overview
Property Typeresidential
Sub-Typemulti-family
Transactionsale
Listing Status
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