Office for sale

991-993 Hornby Street, Downtown VW, Vancouver

$2,050,000 or
$2,050,000 or

Office for sale

991-993 Hornby Street, Downtown VW, Vancouver

Features

Lifestyle
224960677 2050000 /en/office~for-sale~downtown-vw-vancouver/224960677?view=Summary /en/office~for-sale~downtown-vw-vancouver/224960677/photos 49.2806800000 -123.1248600000 true
Year Built
1975
Floor Area
1,098 sqft
Gross Property Tax
$19,030.11 /year
Building Type
Condo Strata Complex, Residential Mix, Street-Level Storefront
Building / Complex Name
The Electra
Zoning
CD-1 (322) COMPRE.DE
Amenities
Air Conditioning, Elevator Passenger, Storefront, Washrooms Female/Male
100

Description

AAA Retail Investment in Downtown Vancouver. Tenanted on a NNN lease basis to restaurant "Pokerrito" which currently has 10 locations across Metro Vancouver. Own this exceptional asset, currently returning a 3%+ CAP rate with rental step ups preset for the next 3 years, then increase as the market allows. Note these are TWO very rare micro strata lots of 565(Lot 404)and 533(Lot 403)square feet each in Downtown Vancouver. These two combined micro retail units provide the ultimate in long term flexibility and ability to achieve high rents and/or pricing.
MLS® Number C8055608

Listing REALTOR®

Casey Pollard, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Casey Pollard

REALTOR®, Personal Real Estate Corporation

CBRE Limited

CBRE Limited,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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