341 E HASTINGS STREET
Vancouver, British Columbia
MLS® C8078404
$4,800,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- C8078404
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1910
1 / 18Listing description
GOOD INVESTMENT!! opportunities, income and redevelopment DTES.. 36-room building, SRO and single retail space at DTES, Revenue 2024/2025 $350K.
Convenient location with easy access to services and transportation, near the new Saint Paul Hospital, which will open in February 2027. It's just a 5-minute walk to the new hospital, a 10-minute bus ride to downtown Vancouver, and a 15-minute ride to the Sky Train station. This building and land are ideal for both short-term and long-term investments, with plenty of potential for a variety of uses.
A four-story low-rise mixed-use building in the Downtown Eastside offers 36 rooms and a single retail store. The lot spans 3,050 square feet, with a total usable space of 12,200 square feet plus an unfinished 3,050-square-foot basement. This piece of land offers great flexibility, with options ranging from constructing a 12-story building, land assembly.
Lease for five years with an option to extend for another five years. Need to put $300K into renovations.
Property summary
- MLS® number
- C8078404
- Property type
- Multi-family
- Square footage
- 3,050 sq ft
- Land size
- 3050 square feet
- Built in
- 1910
- Annual property taxes
- $18,173.60
- Days on market
- 120 days
What would this home cost you?
Based on the $4,800,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LeHomes Realty Premier, Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.