Multi-family apartment building for sale Vancouver BC - High exposure mixed use building with 3.11% cap rate, C2 zoned with redevelopment potential. 3 levels with main floor established restaurant, 2nd floor updated commercial and 3rd floor with 2 fully renovated large 3 bedroom suites. Great holding property with $187,000 in annual net income. Fabulous City, mountain and water views from the top 2 floors. Assembly potential with a 2.5 FSR allowing for 4 storeys with retail on the ground and residential with spectacular views on the upper levels. This property has immediate access to public transit, shops and restaurants. Close to parks, recreation, UBC excellent public Lord Byng and Queen Elizabeth Catchments and private schools including St. George's and West Point Grey Academy.
Price:
$5,748,000
Property Type:
Multifamily
Status:
Sold
multi-family apartment building for sale bc, BC multi-family property for sale, Vancouver commercial property for sale
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