2,900 ft2
$3,888,000
Prime Corner Investment with Redevelopment Approved! Exceptional opportunity at the high-exposure corner of Victoria Dr & E 49th Ave. This income-producing property currently generates $16,300/month, featuring a long-term commercial tenant (AR Cannabis) at $10,000/month, two 2-bedroom suites at $2,500 each, and one bachelor suite at $1,300. Redevelopment is approved for 9 two-bedroom units, 9 one-bedroom units, and one commercial space, offering tremendous potential for future growth. With strong current cash flow, reliable tenants, and significant redevelopment upside, this is a rare investment opportunity in a prime Vancouver location. Call us now for more details! (id:63476)
Property Details
|
MLS® Number |
C8077537 |
|
Property Type |
Multi-family |
Building
|
Constructed Date |
1946 |
|
Fire Protection |
Alarm System |
|
Size Interior |
2,900 Ft2 |
Land
|
Acreage |
No |
|
Sewer |
Storm Sewer |
|
Size Irregular |
3879 |
|
Size Total |
3879 Sqft |
|
Size Total Text |
3879 Sqft |
|
Zoning Description |
C2 |
Utilities
|
Electricity |
Available |
|
Sewer |
Available |