Strathcona, Vancouver East
221 E Georgia Street
Offered at $2,598,000
About this Multi-Family Commercial in Strathcona, Vancouver East
Type: Multi-Family Commercial
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul’s Hospital. Reliable income property with value-add and redevelopment potential.
Listed by RE/MAX Real Estate Services.
Listed by RE/MAX Real Estate Services.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Malcolm Hasman for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details About This Multi-Family Commercial in Vancouver East
- MLS®C8073870
- TypeMulti-Family Commercial
- ZoningHA-1A
- Lot3,049 sqft
- Sub TypeMulti Family
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