382-386 Powell Street

382-386 Powell Street
For Sale  $2,699,000
Description

The subject asset features a three storey character building, with main level retail space, and 4 market rental suites above, comprised of two 1-bedroom plus den units, and two 2-bedroom plus den units, with each suite featuring a private 4-piece bathroom, in-suite laundry and independent hot water tanks. With a secured gated lot at the rear, and private parking, this opportunity offers excellent in place income with future rental upside or potential to occupy. It is also within walking distance to Gastown, Railtown, Chinatown and Strathcona. Please contact the listing agent for further details.

382 – 386 Powell Street is located in historic Japantown, a unique district located at the confluence of vibrant Gastown, Chinatown, Railtown and Strathcona. The area is rich with history and character while surrounded by several creative businesses and outstanding eateries including Harken Cafe, St. Lawrence, The Mackenzie Room, Cuchillo, and Ask for Luigi. Railtown, located just a block to the north of 382 – 386 Powell Street, is a creative enclave which has emerged in recent years as one of Vancouver’s leading design and creative manufacturing districts. With several of the city’s most renowned homegrown business headquarters, such as Aritzia and Herschel Supply Co., Railtown has become a thriving home to multiple creative entrepreneurs, as well as several new commercial developments slated to deliver upwards of 300,000 SF of new innovation and creative manufacturing space in the coming few years.

 
Price Brochure
$2,699,000
Details
  • Address 382-386 Powell St.
  • Price $2,699,000
  • District Japantown
  • Type Investment, Owner-User
  • Lot Size 3,050 SF (approx.)
  • Building Size Please contact us
  • Zoning DEOD (Comprehensive Development)
  • Year Built 1907
  • PID 008-256-934
  • Property Taxes $9,289.63 (2020)
Location Map   
Description

The subject asset features a three storey character building, with main level retail space, and 4 market rental suites above, comprised of two 1-bedroom plus den units, and two 2-bedroom plus den units, with each suite featuring a private 4-piece bathroom, in-suite laundry and independent hot water tanks. With a secured gated lot at the rear, and private parking, this opportunity offers excellent in place income with future rental upside or potential to occupy. It is also within walking distance to Gastown, Railtown, Chinatown and Strathcona. Please contact the listing agent for further details.

382 – 386 Powell Street is located in historic Japantown, a unique district located at the confluence of vibrant Gastown, Chinatown, Railtown and Strathcona. The area is rich with history and character while surrounded by several creative businesses and outstanding eateries including Harken Cafe, St. Lawrence, The Mackenzie Room, Cuchillo, and Ask for Luigi. Railtown, located just a block to the north of 382 – 386 Powell Street, is a creative enclave which has emerged in recent years as one of Vancouver’s leading design and creative manufacturing districts. With several of the city’s most renowned homegrown business headquarters, such as Aritzia and Herschel Supply Co., Railtown has become a thriving home to multiple creative entrepreneurs, as well as several new commercial developments slated to deliver upwards of 300,000 SF of new innovation and creative manufacturing space in the coming few years.

 
  • Location 382-386 Powell St.
  • Price $2,699,000
  • District Japantown
  • Type Investment, Owner-User
  • Lot Size 3,050 SF (approx.)
  • Building Size Please contact us
  • Zoning DEOD (Comprehensive Development)
  • Year Built 1907
  • Legal Description LT 17 BLK 55 PL VAP196 DL 196 GP 1 NWD
  • PID 008-256-934
  • Property Taxes $9,289.63 (2020)
Features
Contact Info
Contact
Send Message
Agent
  • Name corbel
  • Phone
  • Mobile  
  • Email willow@corbelcommercial.com
  • Web Site  
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