477 POWELL St, Vancouver, BC V6A1G7
- Sqft
- 5,600
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
INVESTOR ALERT 7.58% Gross Cap, 11.0 FSR Potential & Massive Railtown Upside! Turn-key investment on the edge of vibrant Railtown. This fully tenanted mixed-use building offers 5 revenue streams: three 2-bedroom residential suites with park views/balconies, a high-visibility retail unit, and a garage/warehouse space. Separately metered for electricity, it delivers a rare 7.58% gross cap rate at the listing price. DEVELOPMENT UPSIDE: High-exposure corner lot in the DEOD with massive zoning upgrades. Capitalize on an FSR up to 11.0 for secured rental projects, heights up to 32 storeys, and slashed social housing requirements. Under Bill 18, compliant projects bypass public hearings to fast-track timelines. Minutes to the new $2.2B+ St. Paul's Hospital campus. Secure strong immediate cash flow with legendary future upside! (id:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 5,600
- Lot size (acres)
- 0.07
- Year built
- 1991
Exterior features
- Horse amenities
- Stable
Taxes
- Tax Annual Amount (2025)
- $16,537
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: C8076073 Last checked: …
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