6,871 ft²Retail / MultifamilyContactSale
6,871 ft²
Retail / Multifamily
Sale
Arash Rezai
Lee & Associates Vancouver
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Commercial/Residential Investment Property in South Main
The Space
Available Space6,871 ft²
NegotiableYes
Property UseInvestment property / Mixed use / Retail
Taxes$21,660/yr
ZoningC-2C (Commercial)
Frontage48'0"
Parking Spaces7
Retail Portion2,162 ft²
Net Operating Income$127,718/yr
SourceDirect
Balcony
Parking
Storage Space
The Building
Main Street is in the heart of the much desired South Main neighbourhood (SOMA). The Property is ideally located on East 16th Avenue just east off the Main Street commercial corridor, which connects Downtown Vancouver with south Vancouver. Main Street continues to see increased development activity and resident in-flow which will add to the 22,000 daily vehicles and high number of pedestrians present in the area today. Highlights Mixed use rental concrete block building All residential units fully renovated (newer appliances counter tops, engineered hardwood flooring, tiling, etc.) Extra large patios Extra storage currently generating $1,050/month in basement Laundry area features 1 washing machine and 1 dryer (leased) Hot water baseboard heating Stage 1 environmental available Fully tenanted 7 surface parking stalls
Property TypeRetail / Multifamily
Building Size6,871 ft²
Lot Size5,906 ft²
Taxes$21,660/yr
ZoningC-2C (Commercial)
Frontage48'0"
Year Built1972
Parking Spaces7
Net Operating Income$127,718/yr
Balcony
Parking
Storage Space
Up to $500K for British Columbia businesses
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