Residential | Commercial


For Sale in vancouver

786 POWELL STREET, vancouver, British Columbia V6A1H6 Canada

  • PRICE$2,995,000
  • SQ. FEET4682
  • PROPERTY TYPEIndustrial
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Iconic Properties Group introduces a lucrative investment opportunity'a renovated standalone building in Strathcona, with both floors fully leased to professionals, with desirable lease terms. Upgraded extensively in 2020, it features modern amenities, seismic resilience, and M-2 zoning with 5.0 FSR redevelopment potential. Recent improvements include a state-of-the-art electrical system with energy-efficient LED lighting, advanced HVAC infrastructure, and a modern sprinkler system. Conveniently located for easy access to Vancouver's core and Highway 1. With a desirable cap rate of 4.5%, increasing to 4.7% by Year 3, secure a hassle-free, income-producing asset in a thriving area. The lease terms include built-in rental escalations, ensuring the potential for increasing returns. Don't miss this chance to invest in a meticulously upgraded property, strategically poised for future growth. (id:9345)...

This is for sale in vancouver and its located at 786 POWELL STREET, vancouver, British Columbia V6A1H6. This property's asking price is $2,995,000. This property has 4682 sqft covered area.

To get more information about 786 POWELL STREET, vancouver, British Columbia V6A1H6, Please call:
Sara Sharma: 604.992.7253

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