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® C8061968
- Date Listed09/17/2024
- 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 $629.86
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 $2,949,000 The property is 4682 sq. ft with - bedrooms and 0 bathrooms
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) 492-5000)
This content last refreshed on 2024-09-17 20:33:08. 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® C8061968