Commercial building with multiple storefronts and upper-level windows

$6,980,000

200-209 - W 223 Broadway, Vancouver, BC V5Y 1P5

MLS® C8080226

Description

Primary location located just 350 meter from the Broadway-City Hall SkyTrain Station (Canada Line), providing seamless access to Downtown Vancouver, Richmond, and the Airport. For future Development potential for highrise. Owner has 9 offices with 10 parking space in the complex and is selling the whole second floor as a package. This gives the buyer control over the strata. Operation Income is $100,000 per year and cap rate is around 3%. The property is directly positioned to benefit from the major Broadway Subway Extension line, driving real estate value and local foot traffic upward. No offers will be presented until 3pm on July 6th, 2026

Property

Property type

Commercial Sale

Style

Office

Structure

Low Rise (2-4 storeys), Mixed Use

Year built

1,994

Ownership

Freehold

Lot and parking

Lot size

4,356 sq ft

Parking spaces

10

Strata and restrictions

Strata fee

$3,535 per month

Costs

Annual property tax

$59,733

Tax year

2,026

Location

Area

Vancouver West

Neighbourhood

Mount Pleasant VW

Waterfront

No