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477 POWELL STREET, Vancouver

MLS® #C8076073
About this Property

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)

Property Information

Status

Active

Year Built

1991

Annual Tax

$16,537

Tax Year

2025

Data Source

Greater Vancouver REALTORS®

Interior Details

Living Area

5600 square feet

Exterior & Lot

Lot Size

3050.0 sqft

Building & Utilities

Utilities

SewerNatural GasElectricity

$2,670,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5600sqft
Listing Courtesy of

Office

1NE Collective Realty Inc.

Mortgage Calculator
$534,000

Loan Amount:

$2,136,000

Estimated Monthly Payment:

$10,409

This is an estimate for informational purposes only. Consult with a financial advisor.