18
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$4,800,000
Est. payment /mo
3,049 Sqft Lot
Active
341 E Hastings ST Vancouver, BC V6A 1P3
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8078404
Year Built 1910
Lot Size 3,049 Sqft
Property Sub-Type Multi Family
Property Description
GOOD INVESTMENT!!opportunities, income and redevelopment DTES.. 36-room building, SRO and single retail space at DTES, Revenue 2024/2025 $350K. Convenient location with easy access to services and transportation, near the new Saint Paul Hospital, which will open in February 2027. It's just a 5-minute walk to the new hospital, a 10-minute bus ride to downtown Vancouver, and a 15-minute ride to the Sky Train station. This building and land are ideal for both short-term and long-term investments, with plenty of potential for a variety of uses. 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 3,050-square-foot basement. This piece of land offers great flexibility, with options ranging from constructing a 12-story building, land assembly. Lease for five years with an option to extend for another five years. Need to put $300K into renovations.
Location
Province BC
Community Strathcona
Area Vancouver East
Zoning DEOD
Interior
Heating Hot Water, Radiant
Exterior
Utilities Available Cable Connected, Fully Serviced, Garbage Collection, High Speed Internet at Lot Line, Natural Gas Connected
Roof Type Torch On
Building
Story 5
Sewer Public Sewer, Storm Sewer
Water Public
Others
Ownership Freehold
Security Features Security System
Nearby Locations
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