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1774 E HASTINGS Street in Vancouver: Hastings Industrial for sale (Vancouver East) : MLS® # C8015449

1774 E HASTINGS Street Vancouver V5L 1S9 : Hastings

Main Photo: 1774 E HASTINGS Street in Vancouver: Hastings Industrial for sale (Vancouver East)  : MLS® # C8015449
$4,500,000
Prop. Type:
Industrial, Retail
MLS® Num:
C8015449
Status:
Active
Build. Type:
Freestanding
A 2 storey mixed-use building totaling 8,400 sq ft. Currently leased to 3 separate tenancies & 2,200 sq ft available for lease on the 2nd floor. This property falls under the Grandview Woodlands Community Plan. For sites with a minimum frontage of 200 ft, the city would support a redevelopment for an 8 storey residential building with commercial at grade up to 3.0 FSR. There is potential to assemble & redevelop. Once the vacancy is leased, we are projecting a 3% cap rate. A solid building & investment with future redevelopment potential with great holding income.
Sale Type:
Asset
Lease Type:
Gross
Lease Term:
36-60
Total space avail for lease:
Switch units of measure2,200 sq. ft.
Property Type:
Industrial, Retail
Construction:
Concrete
Building Type:
Freestanding, Mixed Use, Quasi Retail
Year built:
1977 (Age: 41)
Total Floor Area:
Switch units of measure8,400 sq. ft.
Office Size:
Switch units of measure4,200 sq. ft.
Retail Size:
Switch units of measure4,200 sq. ft.
Land Use/Zoning:
MC-1
Taxes:
$21,266.93 / 2017
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by NAI Commercial
Listing information last updated on 27-Oct-2017 7:05 PM
NAVA MANSHADI

Nava Manshadi

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