3,506 ft2
$3,288,000
Iconic Properties Group is proud to present 6653 Main Street, Vancouver'an exceptional mixed-use investment opportunity located in one of the city's most energetic and evolving corridors. Strategically positioned along Main Street, this property offers strong income stability and high retail visibility in a location surrounded by established retailers, cafés, and boutique services. The consistent pedestrian and vehicle traffic make it a desirable asset for both investors and owner-users seeking long-term security in a proven market. The building features two street-level commercial units and two 1-bedroom residential suites above, creating a balanced and diversified revenue profile. The property offers an attractive return with a cap rate exceeding 4.5%, supported by stable in-place income and strong fundamentals in the area. Retail tenants are set to vacate within the next 12 months, providing an opportunity for an owner-user to occupy the space or for a new investor to lease at market rates. (id:63476)
Property Details
|
MLS® Number |
C8077551 |
|
Property Type |
Multi-family |
|
Features |
Lane |
|
Road Type |
Paved Road |
|
Storage Type |
Outside Storage |
Building
|
Amenities |
Balconies, Street Lighting |
|
Constructed Date |
1959 |
|
Size Interior |
3,506 Ft2 |
Land
|
Acreage |
No |
|
Size Irregular |
3850 |
|
Size Total |
3850 Sqft |
|
Size Total Text |
3850 Sqft |
|
Zoning Description |
C-2 |
Utilities
|
Cable |
Available |
|
Electricity |
Available |
|
Water |
At Lot Line |
|
Natural Gas |
Available |
|
Telephone |
Available |