477 POWELL STREET, Vancouver
Fully Tenanted Mixed-Use Building | 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:62865)
Status
Active
Year Built
1991
Annual Tax
$16,537
Tax Year
2025
Data Source
Greater Vancouver REALTORS®
Living Area
5600 square feet
Lot Size
3050.0 sqft
Utilities
$2,670,000
Office
1NE Collective Realty Inc.
Loan Amount:
$2,136,000
Estimated Monthly Payment:
$10,409
This is an estimate for informational purposes only. Consult with a financial advisor.
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