Sukhman Virk
This listing was posted on Sukhman Virk (via ListedBuy).
$2,995,000
Industrial for sale in Strathcona, Vancouver, Vancouver East, 786 Powell Street
Price:
$2,995,000
Location:
Vancouver, BC
Description:
Iconic Properties Group introduces a lucrative investment opportunity—a renovated standalone building in Strathcona, with both floors fully leased to professionals, with desirable lease terms. Upgraded extensively in 2020, it features modern amenities, seismic resilience, and M-2 zoning with 5.0 FSR redevelopment potential. Recent improvements include a state-of-the-art electrical system with energy-efficient LED lighting, advanced HVAC infrastructure, and a modern sprinkler system. Conveniently located for easy access to Vancouver's core and Highway 1. With a desirable cap rate of 4.5%, increasing to 4.7% by Year 3, secure a hassle-free, income-producing asset in a thriving area. The lease terms include built-in saleal escalations, ensuring the potential for increasing returns. Don't miss this chance to invest in a meticulously upgraded property, strategically poised for future growth. Still available at ListedBuy!
Posted:
May 24 on ListedBuy
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More About this Listing: Industrial for sale in Strathcona, Vancouver, Vancouver East, 786 Powell Street
Industrial for sale in Strathcona, Vancouver, Vancouver East, 786 Powell Street is a Vehicle for Sale in Vancouver BC. Find other listings by searching for Cars and Vehicles in Vancouver on Oodle Classifieds.
Industrial for sale in Strathcona, Vancouver, Vancouver East, 786 Powell Street is a Vehicle for Sale in Vancouver BC. Find other listings by searching for Cars and Vehicles in Vancouver on Oodle Classifieds.