Multi-family for sale
165 W Pender Street, Downtown VW, Vancouver
$12,900,000
Features
Year Built
1909
Floor Area
25,600 sqft
Lot Size
9,000 sqft
Gross Property Tax
$51,534.40 /year
Zoning
DD COMPREHENSIVE DEV
Subject Property Width
75 ft
Subject Property Depth
120 ft
Description
165 W Pender presents a rare opportunity to acquire the Avalon and Silver Hotels, offering 87 residential units above approx. 8,400 SF of retail space. Ideally located between Cambie and Abbott Streets in Vancouver's vibrant Victory Square/Crosstown district, the property benefits from exceptional walkability, SkyTrain access, and proximity to Gastown's amenities. The residential floors feature elevator service, front desk concierge, and full fire and life safety compliance. Retail spaces are available for a variety of uses, presenting immediate value-add potential. With stable residential income and retail repositioning opportunities, the Avalon is well positioned for investors seeking cash flow and long-term upside in one of Vancouver's most dynamic urban neighbourhoods.
MLS® Number C8068224