Bob Bracken's Listings

383 E HASTINGS Street
Strathcona Vancouver V6N 3E6

$1,480,000
Land Commercial, Multi-Family Commercial

Main Photo: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 1: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 2: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 3: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 4: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 5: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 6: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 7: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 8: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 9: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 10: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 11: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 12: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 13: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 14: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 15: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 16: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Photo 17: 383 E HASTINGS Street in Vancouver: Strathcona Land Commercial for sale (Vancouver East)  : MLS®# C8050851
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8050851
Character 3 Level & Attic, 3310 SF Income Property with 3 Suites @ 383 East Hastings, located in the heart of Strathcona, an area of Future Growth & Development. The 1907 House contains 2X2 Bdrm & 1X3 Bdrm Self Contained Units w good Tenants. Current Income $4,200/mo, $50,400/yr, Cap Rate 2.5% with Rental upside. Potential Income $7,100/mo, $85,200/yr, Cap Rate 4.8% based on $2.15/net SF/mo. Good Condition w Wood Floors, High Ceilings, Original Character Details, big unfinished (400 SF) Attic used for storage, each Unit has front & rear access, Secure Fenced, Gated Yard w Rear parking. This is a Great Investment Property, or Family/Shared Owners Home with great future growth value. Developers Opportunity - Potential Assembly Just Got Better: The City of Vancouver Local Area Plan (LAP) for this area of the Downtown Eastside Oppenheimer District (DEOD) Zoning District allows rezoning to high density, low income mixed used housing, of up to 5.0 to 7.5 FSR, 75' Building Height. Similar projects underway at West end of the block. Potential Assembly Just Got Better with the recent listing of the 3 adjacent properties (total 75' frontage) to the immediate West of the 383 E Hasting property @ 367, 371 & 381 E Hastings. Great Location, steps to Chinatown, Gastown, mins to Downtown or Commercial Drive & the new St. Paul's Hospital 5 min walk. Close to Transit, Shops, Restaurants, Cafes, Rogers Stadium. A Winner, Hidden Opportunity In Plain Sight - Don’t Miss! This is a great for Investors, Owner Occupiers, Shared Ownership & Developers. Vancouver Walk Score 95, Transit Score 92, Bike Score 96. Please contact Bob Bracken 604-220-2035 for Information Package, all Details. Showings by Appointment, 2 Day Notice. Showing Sat May 27th @ 1:30pm by Appointment Only, must confirm. Thanks.
Sale Type:
Asset
Construction:
Wood Frame
Lot Area:
3,000 sq. ft.
Acres Freehold:
3,049.2 sq. ft.
Lot Depth:
122
Lot Frontage:
25'
Land Use/Zoning:
DEOD
Permitted Use:
Other, Residential
Taxes:
$6,542.73 / 2022
Services Connected:
Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Telephone, Sanitary Sewer, Street Lighting, City Water at Lot Line
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Original Price:
$1,480,000
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Listed by RE/MAX REAL ESTATE SERVICES
Data was last updated May 31, 2023 at 07:05 PM (UTC)

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.