$2,999,000

326 Powell Street, Vancouver, BC V6A 1G4

MLS® C8078226

Description

Exceptional investment opportunity in the heart of Vancouver's historic Chinatown. This building operates as a Rooming House / Hotel and has 42 units in total, ideal for transitional housing, hostel-style accommodations, or long-term room rentals. Zoned DEOD, it allows for a variety of commercial and residential uses, making it an ideal candidate for repositioning or redevelopment (subject to city approval).

Property

Property type

Commercial Sale

Style

Multi Family

Structure

Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+), See Remarks

Year built

1,901

Ownership

Freehold

Levels

4

Lot and parking

Lot size

3,049.2 sq ft

Costs

Annual property tax

$16,511

Tax year

2,025

Location

Area

Vancouver East

Neighbourhood

Strathcona

Waterfront

No