52 Alexander Street

52 Alexander Street is situated in the coveted Gastown district, steps away from Maple Tree Square and the famed Gassy Jack statue. Gastown is an internationally renowned heritage zone, both a bustling tourist destination and a trendy gathering place for locals. Characterized by cobblestone streets, brick and timber heritage buildings and abundant historical charm, Gastown houses a thriving fashion scene, various upscale home décor boutiques, several independent art galleries, and some of the best culinary fare and busiest gastro pubs in Vancouver. Numerous acclaimed restaurants including L’Abattoir, PiDGiN and Di Beppe, as well as a thriving retail market including COS by H&M, Roden Gray, Herschel Supply Co., Oak + Fort and Inform Interiors, have established Gastown as one of the most stylish neighborhoods in the world. The subject property is improved with a multi-level character commercial building, which is currently occupied by BB Korean Cuisine Bistro. This is an exceptional opportunity for both investors and owner-users alike.

Features
• Character Gastown building with streetfront exposure on Alexander Street and Powell Street
• Fully improved restaurant with an extensive commercial kitchen and a charming bar area
• Excellent carefree net investment with exceptional rental upside
• Existing outdoor patio seating on Alexander Street
• Vacant possession may be accommodated

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52 Alexander Street is situated in the coveted Gastown district, steps away from Maple Tree Square and the famed Gassy Jack statue. Gastown is an internationally renowned heritage zone, both a bustling tourist destination and a trendy gathering place for locals. Characterized by cobblestone streets, brick and timber heritage buildings and abundant historical charm, Gastown houses a thriving fashion scene, various upscale home décor boutiques, several independent art galleries, and some of the best culinary fare and busiest gastro pubs in Vancouver. Numerous acclaimed restaurants including L’Abattoir, PiDGiN and Di Beppe, as well as a thriving retail market including COS by H&M, Roden Gray, Herschel Supply Co., Oak + Fort and Inform Interiors, have established Gastown as one of the most stylish neighborhoods in the world. The subject property is improved with a multi-level character commercial building, which is currently occupied by BB Korean Cuisine Bistro. This is an exceptional opportunity for both investors and owner-users alike.

Features
• Character Gastown building with streetfront exposure on Alexander Street and Powell Street
• Fully improved restaurant with an extensive commercial kitchen and a charming bar area
• Excellent carefree net investment with exceptional rental upside
• Existing outdoor patio seating on Alexander Street
• Vacant possession may be accommodated

• Location 52 Alexander St.
• District Gastown
• Type Investment, Owner-User
• Lot Size 1,775 SF (approx.)
• Building Size 3,454 SF (approx.)
• Zoning HA-2 (Gastown Historic Area)
• Year Built 1923
• Legal Description LT 6 BLK 2 PL VAP184 DL 196 GP 1 NWD
• PID 004-381-874
• Property Taxes $12,532.40 (2020)