Property Description

An exceptional opportunity to acquire a landmark trophy heritage property in the heart of Downtown Vancouver. Situated on a 12,000 sq. ft site with 100 ft frontage along W Hastings St, this property offers approximately 36,000 SF of retail, office excluding common area. The 2011 Renovation also included new mechanical systems, HVAC, plumbing, electrical, windows, sprinklers on all levels, and roof. The property features four street-level retail units, currently fully occupied, providing immediate income with near-term leasing upside. The expansive upper-floor office space approx. 25,000 sq. ft. across 2 levels offers excellent flexibility for an owner-occupier seeking a headquarters or can be demised into multiple suites to maximize rental income. Zoned Downtown District (DD), the property permits a broad range of commercial uses and offers long-term investment flexibility. A rare opportunity to acquire a significant downtown asset with stable income, leasing upside and exceptional long-term potential. (id:7434)