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556 Powell St 6,039 SF 50% Leased Retail Building Vancouver, BC V6A 1G9 $2,250,000 CAD ($372.58 CAD/SF)
EXECUTIVE SUMMARY
PRICE REDUCED $250,000
556 - 58 Powell Street, Vancouver, BC
Overview
The subject property is located on the south side of Powell St in Vancouver’s Railtown District. The building is comprised of 23 S.R.O. units on the 2nd and 3rd floors with the main floor being high ceiling retail space, which is currently leased to Promise Vancouver, a non-profit organization that provides care for children and youth. It is the 4th lot in a potential 5 lot assembly starting at the corner of Princess Avenue in the Downtown Eastside Oppenheimer District of Vancouver. The 5 lots combined would total 150 feet of frontage on Powell St.
556 - 58 Powell Street, Vancouver, BC
Overview
The subject property is located on the south side of Powell St in Vancouver’s Railtown District. The building is comprised of 23 S.R.O. units on the 2nd and 3rd floors with the main floor being high ceiling retail space, which is currently leased to Promise Vancouver, a non-profit organization that provides care for children and youth. It is the 4th lot in a potential 5 lot assembly starting at the corner of Princess Avenue in the Downtown Eastside Oppenheimer District of Vancouver. The 5 lots combined would total 150 feet of frontage on Powell St.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,039 SF
Year Built
1910
Price
$2,250,000 CAD
Price Per SF
$372.58 CAD
Percent Leased
50%
Building Height
1 Story
Zoning
DEOD - Downtown-Eastside/Oppenheimer District which include the following uses: (a) residential uses; (b)
commercial uses; (c) industrial uses (light); (d
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (83)
Bike Score®
Very Bikeable (89)
NEARBY MAJOR RETAILERS
1 of 6
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556 Powell St
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