Industrial User/Developer Opportunity on East Hastings

1661 & 1671 East Hastings St, Vancouver, BC V5L 1S6
1661 & 1671 East Hastings Street
10,132  SF
$ 10,500,000.00

Description

Address

1661 & 1671 East Hastings St, Vancouver, BC V5L 1S6

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

Details

Price: $ 10,500,000.00
Property Size: 10,132
SF
Lot Size: 14,298
SF
Property Type: Development, Industrial
Property Status: For Sale
Zoning: M-2 (Industrial)
Floor Space Ratio: Maximum 5.0 FSR
Assessed Value: $11,417,100 (2023)
Property Taxes: $108,056.40 (2023)