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221 E Georgia Street Vancouver, British Columbia V6A 1Z6

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$2,598,000

MLS® Number: C8073870

Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $140,000 net income when fully leased/rented (5.41% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential. (id:59126)

Property Details

MLS® Number C8073870
Property Type Multi-family
Features Lane
Road Type Paved Road

Building

Amenities Street Lighting
Constructed Date 1912
Size Interior 1,353 Ft2

Land

Acreage No
Sewer Storm Sewer
Size Irregular 3050
Size Total 3050 Sqft
Size Total Text 3050 Sqft
Zoning Description Ha-1a

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/29112409/221-e-georgia-street-vancouver

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    Lakeridge Property International

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