Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey 1912-character building offers approx 9,000 sq. ft. of space with a large street-front retail unit plus 16 SRO rooms above, including 6 with private washrooms. Solid structure with recent roof work completed. Generates approx. $173,000 gross income and $143,000 net income, representing a 5.5% cap rate. Exceptional location steps to transit, downtown, and the new St. Paul's Hospital precint. A reliable income property with future value-add and redevelopment potential.

General Info:

Sale Type:: Asset

Ownership:: Freehold

Property Type:: Multi-Family Commercial, Retail

Commercial Type:: Multi Family

Construction:: Brick/Masonry, Frame Wood

Num Storeys:: 3

Building Type:: Low Rise (2-4 storeys), Mixed Use

# Units Total:: 17

# Other Units:: 1

# of Apartments:: 16

# of Studio Apartments:: 0

# of Penthouse Apartments:: 0

# of Bachelor Apartments:: 0

# of 4+ Bedroom Apartments:: 0

# of 1 Bedroom Apartments:: 0

# of 2 Bedroom Apartments:: 0

# of 3 Bedroom Apartments:: 0

Year built:: 1912 (Age: 113)

Living Area:: 1,353 sq. ft.126 m2

Subject Property Depth:: 122'37.2 m

Subject Property Width:: 25'7.62 m

Subject Space Width:: 25'7.62 m

Retail Size:: 1,353 sq. ft.126 m2

Lot Area:: 3,049.2 sq. ft.283 m2

Zoning:: Signup

Potential to Redevelop:: Check with City regarding re-development potentials, No

Fencing:: Signup

# Of Parking Spaces - Total:: Signup

Road Frontage:: Signup

Road Surface:: Paved

Heating:: Signup

Cooling:: Electric

Electricity:: Yes

Services Connected:: Electricity Connected, Natural Gas Connected, Street Lighting, Sidewalk

Sewer:: Public Sewer, Storm Sewer

Parcel Number:: 015662128

Taxes:: $11,298.1 / 2025

New MLS Listings – Commercial Real Estate for Sale in Vancouver

221 E Georgia Street
Strathcona Vancouver V6A 1Z6

$2,598,000
Multi-Family Commercial, Retail

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