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Investment Highlights

  • Located along Vancouver’s Broadway corridor with immediate access to Canada Line rapid transit
  • On-site fitness center with showers and secure bike storage
  • Select suites include private balconies and premium finishes, with significant recent renovations
  • Rooftop deck offering panoramic city views for tenant use
  • Flexible interior layouts suitable for medical, dental, and professional office users
  • Secure underground and surface parking available on-site

Executive Summary

The Neelu Bachra Centre at 550 W Broadway is a modern eight-story Class B office building located in Vancouver’s vibrant Broadway corridor. Built in 2014, the property spans approximately 96,052 square feet with typical floor plates of 12,007 square feet and features a ceiling height of 9 feet. Strategically positioned just steps from the Canada Line’s Broadway–City Hall Station, the building offers excellent access to public transit, restaurants, cafes, banks, and Vancouver General Hospital. Tenants benefit from amenities such as a rooftop deck with panoramic views, a fitness center with showers, bike storage, and secure underground parking. Interior units are designed for flexibility, with options suitable for medical, dental, and general office use. Select suites include private balconies, custom cabinetry, and premium lighting systems, with some units having undergone over $500,000 in high-end renovations. The building is zoned CD-1 (494) and includes both surface and covered parking options. Its prime location and comprehensive amenities make it an ideal choice for professionals seeking a well-connected and functional workspace in one of Vancouver’s busiest commercial districts.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 502
  • 453 SF
  • Office
  • $599,000 CAD ($1,322.30 CAD/SF)
  • -
Sale Type Investment
APN/Parcel ID 029-382-963
Description
Neelu Bachra Centre Triple A office building, it is a golden location, high traffic, great exposure, located at West Broadway and Cambie Street. Half block away from Canada Line Broadway Station, a few minutes from Vancouver City Hall and Vancouver General Hospital. 453SF, quiet unit facing Corridor. Two levels of lots of visitors parking space for customers. Amenities include exercise room and roof top garden located on top floor. Immediate possession. Landlord had fully renovated the unit.
Sale Notes
Neelu Bachra Centre Triple A office building, it is a golden location, high traffic, great exposure, located at West Broadway and Cambie Street. Half block away from Canada Line Broadway Station, a few minutes from Vancouver City Hall and Vancouver General Hospital. 453SF, quiet unit facing Corridor. Two levels of lots of visitors parking space for customers. Amenities include exercise room and roof top garden located on top floor. Immediate possession. Landlord had fully renovated the unit.
Unit Unit Size Condo Use Price NOI
Unit 502 453 SF Office $599,000 CAD ($1,322.30 CAD/SF) -

Unit 502

Unit Size
453 SF
Condo Use
Office
Price
$599,000 CAD ($1,322.30 CAD/SF)
NOI
-

Unit 502

Unit Size 453 SF
Condo Use Office
Price $599,000 CAD ($1,322.30 CAD/SF)
NOI -
Sale Type Investment
APN/Parcel ID 029-382-963
Description
Neelu Bachra Centre Triple A office building, it is a golden location, high traffic, great exposure, located at West Broadway and Cambie Street. Half block away from Canada Line Broadway Station, a few minutes from Vancouver City Hall and Vancouver General Hospital. 453SF, quiet unit facing Corridor. Two levels of lots of visitors parking space for customers. Amenities include exercise room and roof top garden located on top floor. Immediate possession. Landlord had fully renovated the unit.</li></ul>
Sale Notes
Neelu Bachra Centre Triple A office building, it is a golden location, high traffic, great exposure, located at West Broadway and Cambie Street. Half block away from Canada Line Broadway Station, a few minutes from Vancouver City Hall and Vancouver General Hospital. 453SF, quiet unit facing Corridor. Two levels of lots of visitors parking space for customers. Amenities include exercise room and roof top garden located on top floor. Immediate possession. Landlord had fully renovated the unit.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 98,065 SF
Property Type Office (Condo)
Building Class B
Floors 7
Typical Floor Size 12,007 SF
Year Built 2014
Lot Size 0.61 AC
Parking Ratio 1.56/1,000 SF
Zoning CD-1 - Comprehensive Development

Amenities

  • Fitness Center
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Balcony
  • Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 29341470

  • Date on Market: 2023-08-22

  • Last Updated:

  • Address: 550 W Broadway, Vancouver, BC V5Z 1E6

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