Two-story commercial building with yellow siding and black trim

$3,840,000

3589 Commercial Street, Vancouver, BC V5N 4E9

MLS® C8080189

Description

Welcome to Gow Block, a noteworthy building located at the corner of Commercial Street and East 20th in the Kensington Cedarcove Neighbourhood. The building consists of 4 commercial units at grade and 4 residential units above. The property was fully restored in 2012 and had the roof done in 2022. Central location with great neighbourhood amenities nearby. The building is fully tenanted and produces a 5.09% return at ask.

Property

Property type

Commercial Sale

Style

Retail

Structure

Mixed Use

Year built

1,910

Ownership

Freehold

Levels

2

Systems

Heating

Mixed

Cooling

Mixed

Lot and parking

Lot size

3,920.4 sq ft

Costs

Annual property tax

$29,246

Tax year

2,025

Location

Area

Vancouver East

Neighbourhood

Victoria VE

Waterfront

No