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Commercial/Residential Investment Property in South Main

217-221 E 16th Ave, Vancouver, BC V5T 2T5, Canada
221 East 16th Avenue
6,871  SF
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Description

Address

217-221 E 16th Ave, Vancouver, BC V5T 2T5, Canada
Neighborhood: South Main

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

Details

Price: Call for Price
Property Size: 6,871 SF
Lot Size: 5,906.36 SF
Property Type: Investment, Retail
Property Status: For Sale
Zoning: C-2C (Commercial)
 Floor Space Ratio: 3.00 FSR
 Property Taxes: $21,659.64 (2017 tax assessment)
 Units: 5 residential, 2 commercial
Download Property Sheet