1 / 3$2,598,000
221 E GEORGIA STREET, Vancouver BC V6A 1Z6
Building Size
1,353 sqft
Lot Size
3,049.2 sqft
Sub-type
Multi Family
Zoning
HA-1A
Year Built
1912
Description
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 $140,000 net income when fully leased/rented (5.41% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul’s Hospital. Reliable income property with value-add and redevelopment potential.
Location
221 E GEORGIA STREET, Vancouver BC V6A 1Z6
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