477 Powell Street, Vancouver

Lot Size Units: square feet
Lot Size Dimensions: 3050

Living area: 5600 square feet
Added: 1 month ago
Updated: 1 month ago
Last Checked: 5 hours ago
Listed by: 1NE Collective Realty Inc.
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Listing description
This Other at 477 Powell Street Vancouver, BC with the MLS Number c8071032 listed by Ting Wang - 1NE Collective Realty Inc. on the Vancouver market 1 month ago at $2,770,000.

Fully Tenanted Mixed-Use Building | 5% Cap Rate | Prime Investment Opportunity Originally built in 1991 and thoughtfully updated, this fully tenanted building offers a stable income stream with a 5% capitalization rate. The property features a well-balanced mix of residential and retail space, including three spacious 2-bedroom residential units one retail unit, and one storage'with large private balconies, south-facing park views with individually metered electricity. Designed in a unique courtyard style, the building provides residents with secure and generous outdoor space. On the ground floor, a high-visibility retail unit with soaring ceilings and electronic security shutters is leased to a popular local convenience store, ensuring reliable commercial tenancy and steady foot traffic. Ideally located in a vibrant, fast-growing neighborhood, this property presents a compelling opportunity for investors seeking long-term value and exposure to one of the area's most culturally dynamic corridors. (id:1945)

Exterior & Lot Features Learn about the exterior and lot specifics of 477 Powell Street