$5,900,000
259 POWELL STREET Vancouver, BC V6A 1G3
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$5,900,000
Est. payment /mo
13,200 SqFt
Active
259 POWELL STREET Vancouver, BC V6A 1G3
UPDATED:
11/01/2024 09:49 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,200 sqft
Price per Sqft $446
Subdivision Strathcona
MLS Listing ID C8064225
Year Built 1907
Annual Tax Amount $21,910
Tax Year 2024
Property Description
The York is a prime mixed-use investment in a core Vancouver location, featuring a four-storey character building with extensive recent updates. It includes 36 residential units and the award-winning Cuchillo restaurant on the main level and renovated basement, securing a stable tenant mix. With 13,200 sq. ft., the property offers steady cash flow from residential and commercial leases, plus potential revenue growth amid local revitalization. This is an excellent opportunity for investors seeking a low-risk, well-maintained asset in a vibrant, evolving urban neighborhood.
Location
Province BC
Community Strathcona
Area Vancouver East
Building/Complex Name The York
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Roof Type Torch On
Building
Dwelling Type Multi-Family Commercial,Retail
Water Municipal
Structure Type Brick/Masonry,Wood Frame
Listed by Macdonald Commercial Real Estate Services Ltd.
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