604.542.2444

221 E Georgia Street

Strathcona, Vancouver East

$2,598,000


Property Size: 3,049 sqft

Type: Multi-Family Commercial


About this Multi-Family Commercial

Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey 1912-character building with a large street-front retail unit plus 16 SRO rooms above, including 6 with private washrooms. Solid structure with recent roof work completed. Generates approx. $173,000 gross income and $143,000 net income, representing a 5.5% cap rate. Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. A reliable income property with future value-add and redevelopment potential.

Listed by RE/MAX Real Estate Services.

TypeMulti-Family Commercial
Sub TypeMulti Family

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Photo 1 at 221 E Georgia Street, Strathcona, Vancouver East Photo 2 at 221 E Georgia Street, Strathcona, Vancouver East Photo 3 at 221 E Georgia Street, Strathcona, Vancouver East

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