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 3,000-square-foot basement. It generates a net operating income of about $312K annually, and there's also an option to lease, excluding the grocery shop, for $20K net per month.There's a possibility to rezone for a hotel and construct a 12-story building with 20% designated for rentals. Please confirm this with the City of Vancouver Planning Department. (id:58426)
| BusinessType | Accommodation |
| BusinessSubType | Hotel/motel |
| MLS® Number | C8075182 |
| Property Type | Multi-family |
| Neigbourhood | Japantown |
| CommunicationType | Internet Access |
| ConstructedDate | 1910 |
| FireProtection | Alarm System |
| SizeInterior | 3200 Sqft |
| Acreage | No |
| Sewer | Storm Sewer |
| SizeIrregular | 3050 |
| SizeTotal | 3050 Sqft |
| SizeTotalText | 3050 Sqft |
| ZoningDescription | Deod |
| Cable | Available |
| Water | At Lot Line |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29261441/341-e-hastings-street-vancouver
Contact us for more information
Mason Oskoei
Personal Real Estate Corporation
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