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477 POWELL STREET
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477 POWELL STREET

Vancouver, British Columbia V6A1G7

$2,490,000

MLS® C8076073

5,600 square feet

Living Area

1991

Year Built

Multi-family

Type

3,050 square feet

Lot Size

Description

Fully Tenanted Mixed-Use Building | Prime Investment Opportunity Originally built in 1991 and thoughtfully updated, this fully tenanted building offers a stable income stream with a 5% capitalization rate. The property features a well-balanced mix of residential and retail space, including three spacious 2-bedroom residential units one retail unit, and one storage'with large private balconies, south-facing park views with individually metered electricity. Designed in a unique courtyard style, the building provides residents with secure and generous outdoor space. On the ground floor, a high-visibility retail unit with soaring ceilings and electronic security shutters is leased to a popular local convenience store, ensuring reliable commercial tenancy and steady foot traffic. Ideally located in a vibrant, fast-growing neighborhood, this property presents a compelling opportunity for investors seeking long-term value and exposure to one of the area's most culturally dynamic corridors. (id:65701)

Property Details

Annual Taxes $16,537.00
Tax Year 2025

Listed by

1NE Collective Realty Inc.

Greater Vancouver

Interested in this property?

Contact Kara Call 604.328.8000
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