Industrial User/Developer Opportunity on East Hastings

1661 & 1671 East Hastings St, Vancouver, BC V5L 1S6
10,132 SF   |   $9,988,000.00

Description

Address

1661 & 1671 East Hastings St, Vancouver, BC V5L 1S6
Neighborhood: Grandview-Woodland

Location

The subject property is located on the north side of East Hastings Street between Commercial Drive and Woodland Drive. Only two kilometres from the Downtown Core, the property is centrally located in the rapidly transforming Grandview-Woodland neighbourhood which is adjacent to the vibrant Commercial Drive neighbourhood.

Major tenants in the area include No Frills, Yolks, Dollarama, Life Labs, The Waldorf, and Gourmet Warehouse.

Highlights

  • Key Hastings & Commercial Drive location
  • 117’ frontage along East Hastings Street
  • Possible short term holding income
  • Development opportunity
  • Significant density opportunity

Property Details

Property Status For Sale
Property Type Development, Industrial
Property Size 10,132 SF
Lot Size 14,298 SF
Price $9,988,000.00
Zoning MC-2 (Industrial)
Floor Space Ratio Maximum 2.5 FSR
Assessed Value $11,417,100 (2023)
Property Taxes $79,437.10 (2024)