Retail for sale
991-993 Hornby Street, Downtown VW, Vancouver
$2,050,000
Features
Year Built
1975
Floor Area
1,098 sqft
Gross Property Tax
$20,517.80 /year
Building Type
High-Rise (5+ storeys), Commercial Mix, Street-Level Storefront
Building / Complex Name
The Elektra
Zoning
CD-1 (322) CMPHV DPM
Amenities
Air Conditioning, Storefront, Washrooms Female/Male
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, with the current lease term up in less than two years, allows the purchaser to increase the rent to "fair market" at that time. Note these are TWO very rare micro strata lots of 565 and 533 square feet each in Downtown Vancouver. These two combined micro retail units provide the ultimate in long term flexibility and ability to achieve much higher rents and/or pricing, once the current tenant's lease is up and the purchaser returns the space to micro-units. Lots of flexibility and future upside for these exceptional units at the centre of downtown, one block from Robson Street.
MLS® Number C8069150