351-371 Columbia St - Storefront Retail/Office FOR SALE


Vancouver, BC V6A 2R7
$3,498,000 CAD
778-200-8365
351-371 Columbia St, Vancouver, BC for Sale
$3,498,000 CAD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

351-371 Columbia St
Vancouver, BC V6A 2R7


OVERVIEW

Corbel Commercial is pleased to present, under court-ordered sale, The Persepolis Hotel located at 351 Columbia Street, Vancouver, BC. The subject property sits prominently on the northwest corner of East Hastings Street and Columbia Street. The site features approximately 25 feet of frontage along East Hastings Street and approximately 122 feet of frontage along Columbia Street. The Persepolis Hotel is a 3-storey plus lower-level building, which features 27 rooming house units* on the 2nd and 3rd floors and 3 commercial units* on the main floor. The property offers convenient access to Vancouver’s downtown core, Gastown, Chinatown, and the upcoming St. Paul’s Hospital and Health Campus. With a potential for assembly, this opportunity is ideal for investors and developers seeking to capitalize on a strategically located asset. *Subject to the City of Vancouver’s Single Room Accommodation (SRA) bylaw. Approved occupancy with the City of Vancouver is Single Room Accomodations for #201-219 (19 sleeping units) & #301-308 (8 sleepings units), Cannabis Retail Store for 369 Columbia Street, Retail for 371 Columbia Street, Retail & Limited Food for 375 Columbia Street & 99 E Hastings Street. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy. *Potential assembly for additional expansion lot at 71 – 77 E Hastings Street is subject to confirmation.

FOR SALE DETAILS

PRICE

$3,498,000 CAD

PRICE/SF

$1,004 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

DEOD

APN/PARCEL ID

005-320-861

ASK ABOUT THIS PROPERTY

Robert ThamCorbel Commercial Inc.More Info
778-200-8365

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Robert ThamCorbel Commercial Inc.More Info
778-200-8365

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