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1881 E Hastings St 4,080 SF Industrial Building Vancouver, BC V5L 1T3 $4,795,000 CAD ($1,175.25 CAD/SF)
Investment Highlights
- High-visibility location on East Hastings with strong transit access
- Surrounded by vibrant retail, dining, and cultural amenities
- MC-2 zoning allows wide range of industrial and commercial uses
Executive Summary
1881 E Hastings Street offers a rare opportunity to acquire a high-visibility, light industrial property with exceptional connectivity throughout Vancouver and the surrounding area. Currently improved with a tenanted, 4,080 square foot automotive facility, the property generates immediate cash flow, while also providing near-term potential for owner-occupiers to assume vacant possession, enabling a range of business operations supported under the current zoning.
Strategically situated within the Hastings-Slopes sub-area of the Grandview-Woodland Community Plan, this property also holds long-term redevelopment potential. The plan envisions future redevelopment up to 10 storeys with a maximum 4.5 FSR, making this an attractive prospect for those looking to capitalize on anticipated growth and urban transformation in the area.
Strategically situated within the Hastings-Slopes sub-area of the Grandview-Woodland Community Plan, this property also holds long-term redevelopment potential. The plan envisions future redevelopment up to 10 storeys with a maximum 4.5 FSR, making this an attractive prospect for those looking to capitalize on anticipated growth and urban transformation in the area.
Property Facts
| Price | $4,795,000 CAD | Lot Size | 0.13 AC |
| Price Per SF | $1,175.25 CAD | Rentable Building Area | 4,080 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1991 |
| Property Subtype | Service | Tenancy | Single |
| Building Class | C | ||
| Zoning | MC-2 - MC-2 Industrial | ||
| Price | $4,795,000 CAD |
| Price Per SF | $1,175.25 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.13 AC |
| Rentable Building Area | 4,080 SF |
| No. Stories | 2 |
| Year Built | 1991 |
| Tenancy | Single |
| Zoning | MC-2 - MC-2 Industrial |
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Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
90/100
Very bikeable
80/100
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1881 E Hastings St
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