74 W Hastings St 11,220 SF 100% Leased Retail Building Vancouver, BC V6B 1G6 For Sale

Corbel Commercial is pleased to present, under court-ordered sale, the Grand Union Hotel located at 74 W Hastings Street. The subject property sits prominently near the South East corner of W Hastings Street and Abbott Street. The site features approximately 40 feet of frontage along West Hastings Street and approximately 120 feet of depth. The Grand Union Hotel is a 3-storey plus lower-level mixed-use building with commercial on the main floor and residential up above*. The main floor commercial premises is occupied by the Grand Union Pub, which features a 240-seat liquor primary license and the upper two floors are comprised of Thirty-Five (35) rooming house units*.
Located between Abbott Street and Carrall Street, 74 West Hastings Street offers convenient access to Downtown Vancouver, Gastown, Chinatown, and the upcoming St. Paul’s Hospital and Health Campus. The area’s current official development plan allows for opportunities to increase density under specific conditions, presenting significant potential for future development and growth*.
*Subject to the City of Vancouver’s Single Room Accommodation (SRA) bylaw.
*Approved occupancy with the City of Vancouver is Single Room Accomodations for 74 W Hastings Street and Neighbourhood Public House with Ancillary Retail Limited Food for 78 W Hastings Street. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.