300 Water St - Storefront Retail/Office FOR SALE


Vancouver, BC V6B 1B6- Downtown Vancouver
$22,000,000 CAD
604-518-8230
300 Water St, Vancouver, BC for Sale
$22,000,000 CAD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

300 Water St
Vancouver, BC V6B 1B6
Downtown Vancouver


HIGHLIGHTS

  • Prime Location in Downtown Vancouver, located across from the landmark Gastown Steam Clock.
  • This property benefits from high foot traffic, a rich cultural atmosphere, and proximity to major transit hubs, making it an attractive asset.
  • Vancouver’s commercial real estate market remains robust with continuous demand for well-located hospitality assets

OVERVIEW

Exclusive Investment Opportunity Prime Location in Downtown Vancouver! Nestled in the heart of Vancouver’s historic Gastown, the Edward Hotel offers an unparalleled opportunity to own a piece of the city’s vibrant commercial real estate. This property benefits from high foot traffic, a rich cultural atmosphere, and proximity to major transit hubs, making it an attractive asset for investors and developers alike. The four-storey heritage building, located across from the landmark Gastown Steam Clock in downtown Vancouver. This building will transform to a unique hotel that embraces the popular architectural styles of the Edwardian era, through creative renovations and a two-storey vertical addition, the building will preserve its heritage features while enhancing its appeal. The ground level and 2nd floor, at the prominent tourist corner, is the well-known Water Street Cafe. The new rooftop will feature an outdoor guest lounge and amenity space with ocean views. Investment Highlights Revenue Generation: Ideal for boutique hospitality ventures, short-term rentals, or mixed-use commercial projects Future Development: Architectural plans indicate potential for expansion or repositioning into a high-end boutique hotel or mixed-use space Strong Market Demand: Vancouver’s commercial real estate market remains robust with continuous demand for well-located hospitality assets Development Permit Ready A Development Permit has been issued by the City of Vancouver. To add to, alter and change the use of an existing four storey Heritage Class B building, by adding two storeys and a basement, for a total of six storeys with a rooftop amenity level, consisting of restaurant use on the first storey and Hotel use from the first to sixth storeys.

FOR SALE DETAILS

PRICE

$22,000,000 CAD

PRICE/SF

$1,987 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

HA-2

APN/PARCEL ID

015-511-499

ASK ABOUT THIS PROPERTY

Cynthia DongCASM Global Real Estate CorproationMore Info
604-518-8230

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Cynthia DongCASM Global Real Estate CorproationMore Info
604-518-8230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.