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341 E HASTINGS STREET
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341 E HASTINGS STREET

Vancouver, British Columbia V6A1P3

$4,820,000

MLS® C8078404

3,050 square feet

Living Area

1910

Year Built

Multi-family

Type

3,050 square feet

Lot Size

Description

GOOD INVESTMENT!!opportunities, income and redevelopment DTES.. 36-room building, SRO and single retail space at DTES, Revenue 2024/2025 $350K. Convenient location with easy access to services and transportation, near the new Saint Paul Hospital, which will open in February 2027. It's just a 5-minute walk to the new hospital, a 10-minute bus ride to downtown Vancouver, and a 15-minute ride to the Sky Train station. This building and land are ideal for both short-term and long-term investments, with plenty of potential for a variety of uses. A four-story low-rise mixed-use building in the Downtown Eastside offers 36 rooms and a single retail store. The lot spans 3,050 square feet, with a total usable space of 12,200 square feet plus an unfinished 3,050-square-foot basement. This piece of land offers great flexibility, with options ranging from constructing a 12-story building, land assembly. Lease for five years with an option to extend for another five years. Need to put $300K into renovations. (id:65701)

Property Details

Annual Taxes $18,173.60
Tax Year 2025
Sewer Storm sewer

Listed by

LeHomes Realty Premier

Greater Vancouver

Interested in this property?

Contact Kara Call 604.328.8000
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