8
See all 8 photos
$4,698,000
Est. payment /mo
14 Beds
6,900 SqFt
Active
767 KINGSWAY Vancouver, BC V5V 3C2
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Key Details
Property Type Commercial, Multi-Family
Sub Type Land Commercial,Multi-Family Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $680
Subdivision Fraser Ve
MLS Listing ID C8066627
Bedrooms 14
Year Built 1916
Annual Tax Amount $1,677
Tax Year 2024
Property Sub-Type Land Commercial,Multi-Family Commercial
Property Description
Discover the Miller Block at 767 Kingsway, a 1916-built mixed-use property offering 14 studio apartments above 2,287 sq ft of commercial space. Extensively updated, it features a fire sprinkler system, renovated kitchens, and a Telus tower lease for additional income. The 6,900 sq ft building sits on a 6,014 sq ft lot zoned C-2, providing significant redevelopment potential. In addition, the adjacent lot is available for land assembly. With a projected cap rate of 3.40% and unique possession options, this property blends historic charm with modern amenities, making it a prime investment-development opportunity on East Vancouver''s evolving Kingsway Corridor.
Location
Province BC
Community Fraser Ve
Area Vancouver East
Building/Complex Name Miller Block
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Community Features Fraser VE
Building
Building Description Wood Frame, Low Rise (2-4 storeys),Mixed Use,Mul Tenant/MultiPlex (5+)
Story 3
Structure Type Wood Frame
Listed by Multifamily Real Estate Services Corporation