1606 Hastings St E - Retail FOR SALE


Vancouver, BC V5L 1S6
$9,900,000 CAD
604-662-3000
1606 Hastings St E, Vancouver, BC for Sale
$9,900,000 CAD
Retail - FOR SALE
1/2
null | Request Cap Rate

1606 Hastings St E
Vancouver, BC V5L 1S6


HIGHLIGHTS

  • Positioned on a high-visibility corner near Commercial Drive.
  • Improved with showroom, office, and warehouse space.
  • Zoning supports retail and mixed-use redevelopment.
  • Located in Hastings Plateau with up to 4.0 FSR potential.
  • Paved lot accommodates over 30 vehicles.
  • Surrounded by vibrant food, beverage, and retail amenities.

OVERVIEW

1606 East Hastings Street presents a rare opportunity to acquire a high-profile corner site in East Vancouver’s vibrant Hastings Plateau corridor. Spanning 16,104 SF with 132 feet of frontage on East Hastings and 122 feet on Woodland Drive, the property offers unmatched visibility and signage potential in one of the city’s most dynamic commercial districts. Currently improved with a 5,900 SF single-storey retail-industrial building, the site is ideally suited for auto sales and service operations, with a paved lot accommodating over 30 vehicles. Zoned MC-1 Industrial, the property allows a broad range of retail uses and supports mixed-use redevelopment up to 2.5 FSR under current zoning. The Grandview Woodland Plan further enhances its long-term value, permitting up to 4.0 FSR and 11–12 storeys for sites with sufficient frontage, making this an exceptional investment for developers seeking scale and flexibility. The area’s walkability (Walk Score 94), bikeability (Score 89), and transit access (Score 70) make it highly attractive for both commercial and residential uses. Surrounded by popular local amenities including Yolks, Earnest Ice Cream, Timbertrain Coffee, and The Gourmet Warehouse, the site benefits from a daily traffic volume of 39,000 vehicles. Its proximity to Commercial Drive, Downtown Vancouver, and the Trans-Canada Highway ensures seamless connectivity for customers and employees alike. Whether for immediate owner-use or future redevelopment, this property offers a compelling blend of location, exposure, and upside.

FOR SALE DETAILS

PRICE

$9,900,000 CAD

PRICE/SF

$1,678 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,104 SF

ZONING

MC-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ed Ferreira, PRECCBRE, LimitedMore Info
604-662-3000

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Ed Ferreira, PRECCBRE, LimitedMore Info
604-662-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.