221 E Georgia Street, Vancouver, British Columbia

$2,598,000

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1,353

Square feet

0.07

Acres

About 221 E Georgia Street

Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential. (id:6289)

Features of 221 E Georgia Street

Listing # C8073870
Price $2,598,000
Square Footage 1,353
Acres 0.07
Year Built 1912
Type Multi-family

Community Information

Address 221 E Georgia Street
City Vancouver
Province British Columbia
Postal Code V6A1Z6

Amenities

Amenities Street Lighting
Utilities Natural Gas, Electricity
Features Lane
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 3050

Listing Details

OfficeRE/MAX Real Estate Services

Listing Map

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