74 W Hastings St - Storefront Retail/Office FOR SALE


Vancouver, BC V6B 1G6
$6,898,000 CAD
778-200-1638
74 W Hastings St, Vancouver, BC for Sale
$6,898,000 CAD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

74 W Hastings St
Vancouver, BC V6B 1G6


OVERVIEW

Corbel Commercial is pleased to present, under court-ordered sale, the Grand Union Hotel located at 74 W Hastings Street. The subject property sits prominently near the South East corner of W Hastings Street and Abbott Street. The site features approximately 40 feet of frontage along West Hastings Street and approximately 120 feet of depth. The Grand Union Hotel is a 3-storey plus lower-level mixed-use building with commercial on the main floor and residential up above*. The main floor commercial premises is occupied by the Grand Union Pub, which features a 240-seat liquor primary license and the upper two floors are comprised of Thirty-Five (35) rooming house units*. Located between Abbott Street and Carrall Street, 74 West Hastings Street offers convenient access to Downtown Vancouver, Gastown, Chinatown, and the upcoming St. Paul’s Hospital and Health Campus. The area’s current official development plan allows for opportunities to increase density under specific conditions, presenting significant potential for future development and growth*. *Subject to the City of Vancouver’s Single Room Accommodation (SRA) bylaw. *Approved occupancy with the City of Vancouver is Single Room Accomodations for 74 W Hastings Street and Neighbourhood Public House with Ancillary Retail Limited Food for 78 W Hastings Street. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.

FOR SALE DETAILS

PRICE

$6,898,000 CAD

PRICE/SF

$615 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

DD

APN/PARCEL ID

015-499-871

ASK ABOUT THIS PROPERTY

Robert ThamCorbel Commercial Inc.More Info
778-200-1638

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Robert ThamCorbel Commercial Inc.More Info
778-200-1638

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