477 Powell St

For Sale 88 Days
$2,770,000
beds
baths
5,600 Sqft

477 Powell St

For Sale 88 Days
$2,770,000
beds
baths
5,600 Sqft

Highlights

Key insights

Description

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:63267)

Ting Wang of 1NE Collective Realty Inc.,
#C8071032
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Lot/ Land Details
  • Lot dimensions
    3050
Overview
  • Lot size (acres)
    0.071663536
  • Building size
    5600
  • Listing #
    C8071032
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28652939/477-powell-street-vancouver
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-7,387

/ Month
25 Years fixed, 20% down payment, % interest
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