477 Powell Street
Strathcona, Vancouver East
$2,670,000
5 Separate Rental Units • Mixed-Use Commercial & Residential • High Income + Redevelopment Potential. Prime investment property built in 1991 and thoughtfully updated. This asset delivers immediate income and long-term upside through redevelopment — ideal for investors, developers and land-bankers alike. Five distinct rental units offering a diversified mix of commercial and residential tenancies. Zoned DEOD (Downtown Eastside/Oppenheimer District) permitting both comme…rcial and residential uses under the district plan. Corner-lot advantage: elevated frontage, visibility, and redevelopment flexibility. Excellent location: minutes from major employment hubs, transit and the future development of the new hospital campus. Strong upside: area transformation underway with supportive zoning and revitalization initiatives.
Listed by 1NE Collective Realty Inc..
5 Separate Rental Units • Mixed-Use Commercial & Residential • High Income + Redevelopment Potential. Prime investment property built in 1991 and thoughtfully updated. This asset delivers immediate income and long-term upside through redevelopment — ideal for investors, developers and land-bankers alike. Five distinct rental units offering a diversified mix of commercial and residential tenancies. Zoned DEOD (Downtown Eastside/Oppenheimer District) permitting both commercial and residential uses under the district plan. Corner-lot advantage: elevated frontage, visibility, and redevelopment flexibility. Excellent location: minutes from major employment hubs, transit and the future development of the new hospital campus. Strong upside: area transformation underway with supportive zoning and revitalization initiatives.
Listed by 1NE Collective Realty Inc..
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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Listing Details
- MLS®: C8073271
- Type: Multi-Family Commercial
- Lot Size: 30,492 sqft
- Zoning: DEOD COMPNSIVE DVLPM
- Sub Type: Multi Family