$2,350,000

1775 ADANAC STREET, Vancouver BC V5L 2C8

Description

London Pacific is pleased to present The Prince (the "Property"), a rare opportunity to acquire a meticulously maintained six-suite apartment building near Vancouver's iconic Commercial Drive. Located in the highly desirable Grandview-Woodland neighbourhood, the Property is positioned steps from the area's renowned restaurants, cafes, boutiques, and transit. Constructed in 1952, the building sits on a 5,367 SF mid-block lot (approximately 44' x 122') with future assembly potential to complete the block. The Prince offers stable in-place cash flow with meaningful value-add potential through strategic suite turnover, renovations, and rental optimization. Owned and meticulously maintained by the same family for decades, the Property represents a true pride-of-ownership asset in one of Vancouver's most established and supply-constrained rental markets. A secure three-bay garage, accessed from the rear lane, provides additional income through month-to-month rentals while offering future revenue enhancements.

Location

1775 ADANAC STREET, Vancouver BC V5L 2C8

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