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1648 E 1ST Avenue
Grandview Woodland Vancouver V5N 1A7

$5,600,000
Multi-Family Commercial

Building
Photo 1: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 2: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 3: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 4: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 5: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 6: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 7: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 8: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Photo 9: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8033981
Build. Type:
Low Rise (2-4 stories)
An iconic rental redevelopment site at E 1st & Commercial Dr. The whole building currently rented to an anchor tenant bringing in steady income despite COVID-19. Steps to bus stop; 800 meters to Commercial-Broadway Skytrain station, which is also the new broadway extension line hub; 8mins driving to downtown Vancouver. Walking distance to restaurants, banks, movie theater, cafes, pubs and expansive grocery stores on Commercial Dr.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Mixed
Building Type:
Low Rise (2-4 stories), Residential Mix
# Units:
0
# Storeys:
2.0
Year built:
1958 (Age: 62)
Total Floor Area:
8,000 sq. ft.
Land Use/Zoning:
RM-4N
Taxes:
$15,576.3 / 2020
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
    Building
  • Photo 2: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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  • Photo 3: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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  • Photo 4: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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  • Photo 5: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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  • Photo 6: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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  • Photo 7: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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  • Photo 8: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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  • Photo 9: 1648 E 1ST Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8033981
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Listed by RE/MAX City Realty
Data was last updated October 20, 2020 at 04:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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