604.542.2444

477 Powell Street, Strathcona, Vancouver East

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477 Powell Street

Strathcona, Vancouver East

$2,299,000

Property Size: 3,049 sqft

Type: Multi-Family Commercial

About this Multi-Family Commercial

INVESTOR ALERT 7.58% Gross Cap, 11.0 FSR Potential & Massive Railtown Upside! Turn-key investment on the edge of vibrant Railtown. This fully tenanted mixed-use building offers 5 revenue streams: three 2-bedroom residential suites with park views/balconies, a high-visibility retail unit, and a garage/warehouse space. Separately metered for electricity, it delivers a rare 7.58% gross cap rate at the listing price. DEVELOPMENT UPSIDE: High-exposure corner lot in the DEOD with massive zoning upgrades. Capitalize on an FSR up to 11.0 for secured rental projects, heights up to 32 storeys, and slashed social housing requirements. Under Bill 18, compliant projects bypass public hearings to fast-track timelines. Minutes to the new $2.2B+ St. Paul’s Hospital campus. Secure strong immediate cash flow with legendary future upside!

Listed by 1NE Collective Realty Inc..

TypeMulti-Family Commercial
Sub TypeMulti Family

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Photo 1 at 477 Powell Street, Strathcona, Vancouver East Photo 2 at 477 Powell Street, Strathcona, Vancouver East Photo 3 at 477 Powell Street, Strathcona, Vancouver East Photo 4 at 477 Powell Street, Strathcona, Vancouver East Photo 5 at 477 Powell Street, Strathcona, Vancouver East Photo 6 at 477 Powell Street, Strathcona, Vancouver East Photo 7 at 477 Powell Street, Strathcona, Vancouver East Photo 8 at 477 Powell Street, Strathcona, Vancouver East Photo 9 at 477 Powell Street, Strathcona, Vancouver East Photo 10 at 477 Powell Street, Strathcona, Vancouver East Photo 11 at 477 Powell Street, Strathcona, Vancouver East Photo 12 at 477 Powell Street, Strathcona, Vancouver East Photo 13 at 477 Powell Street, Strathcona, Vancouver East Photo 14 at 477 Powell Street, Strathcona, Vancouver East Photo 15 at 477 Powell Street, Strathcona, Vancouver East Photo 16 at 477 Powell Street, Strathcona, Vancouver East Photo 17 at 477 Powell Street, Strathcona, Vancouver East Photo 18 at 477 Powell Street, Strathcona, Vancouver East Photo 19 at 477 Powell Street, Strathcona, Vancouver East Photo 20 at 477 Powell Street, Strathcona, Vancouver East Photo 21 at 477 Powell Street, Strathcona, Vancouver East Photo 22 at 477 Powell Street, Strathcona, Vancouver East Photo 23 at 477 Powell Street, Strathcona, Vancouver East Photo 24 at 477 Powell Street, Strathcona, Vancouver East Photo 25 at 477 Powell Street, Strathcona, Vancouver East Photo 26 at 477 Powell Street, Strathcona, Vancouver East Photo 27 at 477 Powell Street, Strathcona, Vancouver East Photo 28 at 477 Powell Street, Strathcona, Vancouver East Photo 29 at 477 Powell Street, Strathcona, Vancouver East Photo 30 at 477 Powell Street, Strathcona, Vancouver East Photo 31 at 477 Powell Street, Strathcona, Vancouver East Photo 32 at 477 Powell Street, Strathcona, Vancouver East Photo 33 at 477 Powell Street, Strathcona, Vancouver East Photo 34 at 477 Powell Street, Strathcona, Vancouver East Photo 35 at 477 Powell Street, Strathcona, Vancouver East Photo 36 at 477 Powell Street, Strathcona, Vancouver East Photo 37 at 477 Powell Street, Strathcona, Vancouver East Photo 38 at 477 Powell Street, Strathcona, Vancouver East

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