477 Powell Street Vancouver, British Columbia V6A 1G7
$2,770,000
Fully Tenanted Mixed-Use Building | 5% Cap Rate | 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:62288)
Property Details
| MLS® Number | C8071032 |
| Property Type | Multi-family |
| Neigbourhood | Japantown |
Building
| Amenities | Balconies |
| Constructed Date | 1991 |
| Size Interior | 5,600 Ft2 |
Land
| Acreage | No |
| Size Irregular | 3050 |
| Size Total | 3050 Sqft |
| Size Total Text | 3050 Sqft |
| Zoning Description | Deod Compre Dev |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/28652939/477-powell-street-vancouver
Contact Us
Contact us for more information
Ting Wang
#215 - 8600 Cambie Road
Richmond, British Columbia V6X 4J9
(604) 999-8882
(604) 545-0388
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 25 2025 03:05:17
Greater Vancouver REALTORS®
1ne Collective Realty Inc.