477 Powell Street, Strathcona, Strathcona, Vancouver

$2,670,000 |   MLS® Number  C8076073

Multi-family for sale in Strathcona, Vancouver, Vancouver East, 477 Powell Street, 224981142 | Realtylink.org

Multi-family for sale

Year Built
1991
Floor Area
5,600 sqft
Lot Size
3,050 sqft
Gross Property Tax
$16,537 /year
Building Type
Mixed Use, Commercial Mix, Street-Level Storefront
Zoning
DEOD COMPREHENSIVE
Amenities
Balconies, Laundry Facility, Storefront, Washrooms Female/Male
Suite Mix Information
3 x 2 ½, 5 x Other
Total no. of Units
5

Fully Tenanted Mixed-Use Building | Prime Investment Opportunity Originally built in 1991 and thoughtfully updated, this fully tenanted building offers a stable income stream with a 5% capitalization rate. The property features a well-balanced mix of residential and retail space, including three spacious 2-bedroom residential units one retail unit, and one storage—with large private balconies, south-facing park views with individually metered electricity. Designed in a unique courtyard style, the building provides residents with secure and generous outdoor space. On the ground floor, a high-visibility retail unit with soaring ceilings and electronic security shutters is leased to a popular local convenience store, ensuring reliable commercial tenancy and steady foot traffic. Ideally located in a vibrant, fast-growing neighborhood, this property presents a compelling opportunity for investors seeking long-term value and exposure to one of the area's most culturally dynamic corridors.