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1606 Hastings St E
Vancouver, BC V5L 1S6
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Positioned on a high-visibility corner near Commercial Drive.
- Zoning supports retail and mixed-use redevelopment.
- Paved lot accommodates over 30 vehicles.
- Improved with showroom, office, and warehouse space.
- Located in Hastings Plateau with up to 4.0 FSR potential.
- Surrounded by vibrant food, beverage, and retail amenities.
EXECUTIVE SUMMARY
1606 East Hastings Street presents a rare opportunity to acquire a high-profile corner site in East Vancouver’s vibrant Hastings Plateau corridor. Spanning 16,104 SF with 132 feet of frontage on East Hastings and 122 feet on Woodland Drive, the property offers unmatched visibility and signage potential in one of the city’s most dynamic commercial districts. Currently improved with a 5,900 SF single-storey retail-industrial building, the site is ideally suited for auto sales and service operations, with a paved lot accommodating over 30 vehicles.
Zoned MC-1 Industrial, the property allows a broad range of retail uses and supports mixed-use redevelopment up to 2.5 FSR under current zoning. The Grandview Woodland Plan further enhances its long-term value, permitting up to 4.0 FSR and 11–12 storeys for sites with sufficient frontage, making this an exceptional investment for developers seeking scale and flexibility. The area’s walkability (Walk Score 94), bikeability (Score 89), and transit access (Score 70) make it highly attractive for both commercial and residential uses.
Surrounded by popular local amenities including Yolks, Earnest Ice Cream, Timbertrain Coffee, and The Gourmet Warehouse, the site benefits from a daily traffic volume of 39,000 vehicles. Its proximity to Commercial Drive, Downtown Vancouver, and the Trans-Canada Highway ensures seamless connectivity for customers and employees alike. Whether for immediate owner-use or future redevelopment, this property offers a compelling blend of location, exposure, and upside.
Zoned MC-1 Industrial, the property allows a broad range of retail uses and supports mixed-use redevelopment up to 2.5 FSR under current zoning. The Grandview Woodland Plan further enhances its long-term value, permitting up to 4.0 FSR and 11–12 storeys for sites with sufficient frontage, making this an exceptional investment for developers seeking scale and flexibility. The area’s walkability (Walk Score 94), bikeability (Score 89), and transit access (Score 70) make it highly attractive for both commercial and residential uses.
Surrounded by popular local amenities including Yolks, Earnest Ice Cream, Timbertrain Coffee, and The Gourmet Warehouse, the site benefits from a daily traffic volume of 39,000 vehicles. Its proximity to Commercial Drive, Downtown Vancouver, and the Trans-Canada Highway ensures seamless connectivity for customers and employees alike. Whether for immediate owner-use or future redevelopment, this property offers a compelling blend of location, exposure, and upside.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
5,900 SF
Building Class
C
Year Built
1954
Price
$9,900,000 CAD
Price Per SF
$1,677.97 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.37 AC
Zoning
MC-1 - Industrial
Parking
27 Spaces (4.58 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
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MATTERPORT 3D EXTERIOR
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