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507 Main Street, Vancouver BC – SALE

Active - For Sale

$ 3,870,000.00

507 Main Street exterior picture Multifamily Single Resident Occupancy Mixed Use investment for sale in Vancouver by LUK commercial real estate group

About

A highly coveted opportunity to own a Main Street investment property in the cultural hub of Chinatown with development upside. Surrounded by many of Vancouver’s most popular restaurants and bars such as Kissa Tanto, Phnom Penh, Fat Mao, Bao Bei and the Keefer Bar just to name a few. The Pacific Room is a mixed-use SRO property that offers stability in income with immense development upside by virtue of its HA-1A zoning. *SRO stands for Single Resident Occupancy.

features

The property is improved with a 3-storey walkup building containing a retail unit at grade and 33 single resident occupancy (SRO) rooms above.
New restaurant tenant with extensive tenant improvements.
Less than 500m from the new St. Paul’s Hospital development and health care campus immediately north of Pacific Central Station.
Less than 1 KM to the Stadium-Chinatown SkyTrain station and adjacent to CIBC bank.

About

features

The property is improved with a 3-storey walkup building containing a retail unit at grade and 33 single resident occupancy (SRO) rooms above.
New restaurant tenant with extensive tenant improvements.
Less than 500m from the new St. Paul’s Hospital development and health care campus immediately north of Pacific Central Station.
Less than 1 KM to the Stadium-Chinatown SkyTrain station and adjacent to CIBC bank.

disclaimer

* NOI stands for Net Operating Income. The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.

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1821-1831 Renfrew Street, Vancouver BC

Our Exclusive SALE Listings

507 Main Street, Vancouver BC – SALE

Active - For Sale

About

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