Iconic Properties Group introduces a lucrative investment opportunity'a renovated standalone building in Strathcona, with both floors fully leased to professionals, with desirable lease terms. Upgraded extensively in 2020, it features modern amenities, seismic resilience, and M-2 zoning with 5.0 FSR redevelopment potential. Recent improvements include a state-of-the-art electrical system with energy-efficient LED lighting, advanced HVAC infrastructure, and a modern sprinkler system. Conveniently located for easy access to Vancouver's core and Highway 1. With a desirable cap rate of 4.5%, increasing to 4.7% by Year 3, secure a hassle-free, income-producing asset in a thriving area. The lease terms include built-in rental escalations, ensuring the potential for increasing returns. Don't miss this chance to invest in a meticulously upgraded property, strategically poised for future growth. (id:55598)
- MLS® C8059035
- Date Listed12/13/2024
- Time on Realty 0 Hours
- Bedrooms -
- Bathrooms
- Lot Size 3,050 sq. ft
- Year Built 1978
- Square Feet 4,682 sq. ft
- Price Per Sq. Ft $639.68
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT 3,050.00
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
97/100
Walker's Paradise
Walk Score ®
81/100
Excellent Transit
Transit Score ®
97/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.Transit Summary
27 nearby routes: 26 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 81/100, Transit Score: 64/100, Bike Score: 81/100.
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Frequently Asked Questions for 786 POWELL STREET
Source: Realty.com
786 POWELL STREET, Vancouver, BC V6A1H6 is a Other, Commercial Sale property listed for $2,995,000 The property is 4682 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 5 photos of 786 POWELL STREET.
Our records indicate that 786 POWELL STREET was built in 1978.
The full address for this home is 786 POWELL STREET, Vancouver, BC V6A1H6.
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 81/100, Transit Score: 64/100, Bike Score: 81/100.
Listing provided courtesy of:
Stonehaus Realty Corp.
(tel: (604) 492-5000)
Listing agent:
Sukhman Virk
(tel: (604) 649-5482)
This content last refreshed on 2024-12-13 12:03:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 786 POWELL STREET, Vancouver, BC V6A1H6 : MLS® C8059035