210 E 16th Avenue Vancouver, British Columbia V5T 2T4

7,000 ft2

$4,988,000

Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver's most sought-after and evolving neighbourhoods! (id:12562)

Property Details

MLS® Number C8066568
Property Type Multi-family
Neigbourhood Riley Park–Little Mountain

Building

Constructed Date 1987
Size Interior 7,000 Ft2

Land

Acreage No
Sewer Storm Sewer
Size Irregular 5426
Size Total 5426 Sqft
Size Total Text 5426 Sqft
Zoning Description C-2

Utilities

Cable Available

https://www.realtor.ca/real-estate/27904020/210-e-16th-avenue-vancouver

Contact Us

Contact us for more information

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Fred Choy
Personal Real Estate Corporation

(604) 880-3462

RE/MAX Real Estate Services
3548 West 41st Ave.
Vancouver, British Columbia V6N 3E6

(604) 263-2823
(604) 263-1057
www.remaxres.ca/

Allen Chi Hung Lee

(604) 617-8872

Royal Pacific Realty Corp.
#100 - 1200 West 73rd Avenue
Vancouver, British Columbia V6P 6G5

(604) 266-8989
(604) 263-3803
www.royalpacific.com

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