326 Powell Street street - Apartments FOR SALE
Vancouver, BC V6A 1G4 |
$3,200,000 CAD
326 Powell Street street
Vancouver, BC V6A 1G4
HIGHLIGHTS
- Located in Vancouver’s historic Chinatown, a culturally rich and high-demand urban district
- Currently configured as a 42-unit rooming house/hotel, generating income potential during repositioning
- Excellent transit accessibility with a Walk Score of 98 and Transit Score of 93
- Situated in an area experiencing ongoing revitalization and investment activity
- Zoned DEOD, allowing for a variety of commercial and residential uses, including mixed-use redevelopment
OVERVIEW
Exceptional investment opportunity in the heart of Vancouver’s historic Chinatown. This building operates as a Rooming House / Hotel and has 42 units in total, ideal for transitional housing, hostel-style accommodations, or long-term room rentals. Zoned DEOD, it allows for a variety of commercial and residential uses, making it an ideal candidate for repositioning or redevelopment.
FOR SALE DETAILS
PRICE
$3,200,000 CAD
PRICE/SF
$1,049 CAD /SF
# OF UNITS
42
PRICE/UNIT
$76,190
CAP RATE
3%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1901
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.07 AC
LAND SF
3,050 SF
ZONING
DEOD
APN/PARCEL ID
015-601-919
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