3,484 Sqft Lot
3,484 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1012950
Rental Info Unrestricted
Year Built 1950
Annual Tax Amount $35,147
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Mixed Use
Property Description
Located between Vancouver and Cook Street, this thriving two-storey commercial building offers over 6,000 sq. ft. of flexible space in the heart of downtown. Originally built in 1950 and seismically upgraded in 2008, the property is currently home to a successful restaurant, banquet hall, and fully equipped natural-gas commercial kitchen. A newer heating and cooling system ensures comfort and efficiency.
Adding to its revenue potential, a 1-bedroom suite at the rear of the lower level generates approximately $2,000/month in rental income. With its central location—adjacent to a 30-unit micro-apartment building—this property presents an exceptional opportunity for a mixed-use redevelopment (subject to zoning), blending residential and commercial uses in one dynamic site.
A rare chance to acquire a solid downtown investment with multiple income streams and future growth potential.
Location
Province BC
County Capital Regional District
Area Vi Downtown
Zoning CA-42
Direction Street parking in front, 2 parking spots behind.
Interior
Flooring Mixed
Inclusions Equip/Machinery, Real Estate
Exterior
Exterior Feature Sign: Allowed, Wheelchair Access
Parking On Site 1
Utilities Available Cable To Lot, Electricity To Lot, Natural Gas To Lot, Phone To Lot
Total Parking Spaces 2
Building
Lot Description Sidewalk
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Brick & Siding,Concrete
Others
Pets Allowed Yes
Tax ID 007-724-420
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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