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All Property Sizes

  • All Property Sizes
  • Less than 1,000
  • 1,000 to 5,000
  • 5,000 to 10,000
  • 10,000 to 30,000
  • 30,000 to 50,000
  • 45,000 to 50,000
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  3. Commercial/Residential Investment Property in South Main

Commercial/Residential Investment Property in South Main

221 E 16th Ave, Vancouver, BC V5T 2T5, Canada

6,871 SF

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  • Description
  • Address
  • Details
  • Features

Description

Location

Main Street is in the heart of the much desired South Main neighbourhood (SOMA). The Property is ideally located on East 16th Avenue just east off the Main Street commercial corridor, which connects Downtown Vancouver with south Vancouver. Main Street continues to see increased development activity and resident in-flow which will add to the 22,000 daily vehicles and high number of pedestrians present in the area today.

Highlights

  • Mixed use rental concrete block building
  • All residential units fully renovated (newer appliances counter tops, engineered hardwood flooring, tiling, etc.)
  • Extra large patios
  • Extra storage currently generating $1,050/month in basement
  • Laundry area features 1 washing machine and 1 dryer (leased)
  • Hot water baseboard heating
  • Stage 1 environmental available
  • Fully tenanted
  • 7 surface parking stalls

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Address

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  • Address: 221 E 16th Ave
  • City: Vancouver
  • Province: British Columbia
  • Postal Code: V5T 2T5
  • Country: Canada
  • Neighborhood: South Main

Details

  • Property Size: 6,871 SF
  • Land Area: 5,906.36 SF
  • Year Built: 1972
  • Property Type: Retail, Investment
  • Property Status: For Sale

Additional Details

  • Zoning: C-2C (Commercial)
  • Floor Space Ratio: 3.00 FSR
  • Property Taxes: $21,659.64 (2017 tax assessment)
  • Units: 5 residential, 2 commercial