51 w. hastings street the paris block
FOR SALE 51 W. HASTINGS STREET THE PARIS BLOCK
ROBERT THAM 604.609.0882 x 223
[email protected]
MARC SAUL 604.609.0882 x 222
[email protected] *Personal Real Estate Corporation
CORBEL COMMERCIAL REAL ESTATE SERVICES
632 Citadel Parade, Vancouver, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
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51 W. HASTINGS STREET THE PARIS BLOCK
V W N , A N CO
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FOR SALE
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LOCATION The subject property is located near the corner of W. Hastings and Abbott St., situated steps away from the Iconic Woodwards Development in Vancouver’s trendy and historic district of Gastown. The surrounding neighborhood offers numerous boutiques and restaurants in restored and remodeled heritage buildings. Gastown is an internationally recognized district that attracts many tourists every year. Gastown has become home to many high-end design and furniture studios such as Inform, Montauk and Bulthaup, and many others. Several popular restaurants and cafes, including Meat & Bread, Prado Cafe, Purebread and Save-On Meats are located in the immediate area.
OPPORTUNITY This is a strategic investment opportunity in Gastown, with excellent upside, backed by a secured long-term, established tenure. The Paris Block is an award winning mixed-use development, located in Gastown, that features a fully restored character heritage asset, with all upgraded building systems. This main level retail premise has excellent frontage & visibility along West Hastings Street with excellent ceiling heights, a character storefront with a well-known restaurant tenant in place.
FEATURES • Prime Gastown Investment Opportunity • Award Winning Character Redeveloment Project • Fully Restored Heritage Facade • Excellent Ceiling Heights • Upgraded Building Systems In Place • Secured Below Market Lease in Place, excellent potential upside, with an established restaurant tenancy
SIZE:
1,567 sf (approx.)*
LEGAL DESCRIPTION: PL BCS3221 LT 2 DL OGT LD 36 PID:
027-739-465
ZONING:
DD Comprehensive Development
STRATA FEES:
$ 573.12 (2016)
PROPERTY TAXES:
$ 8,076.00 (2015)
NET INCOME:
Please Contact Listing Agent
ASKING PRICE:
$1,050,000.00
*All sizes are approximate and as per strata plan.
632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
ROBERT THAM 604.609.0882 x 223
[email protected]
MARC SAUL 604.609.0882 x 222
[email protected] *Personal Real Estate Corporation
CORBEL COMMERCIAL REAL ESTATE SERVICES
632 Citadel Parade, Vancouver, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
S
GA
U
E
CO
TA TE ES
RB
L
ER
gt
CO
51 W. HASTINGS STREET THE PARIS BLOCK
V W N , A N CO
V
FOR SALE
TO
MMER IAL REA C
L
LOCATION The subject property is located near the corner of W. Hastings and Abbott St., situated steps away from the Iconic Woodwards Development in Vancouver’s trendy and historic district of Gastown. The surrounding neighborhood offers numerous boutiques and restaurants in restored and remodeled heritage buildings. Gastown is an internationally recognized district that attracts many tourists every year. Gastown has become home to many high-end design and furniture studios such as Inform, Montauk and Bulthaup, and many others. Several popular restaurants and cafes, including Meat & Bread, Prado Cafe, Purebread and Save-On Meats are located in the immediate area.
OPPORTUNITY This is a strategic investment opportunity in Gastown, with excellent upside, backed by a secured long-term, established tenure. The Paris Block is an award winning mixed-use development, located in Gastown, that features a fully restored character heritage asset, with all upgraded building systems. This main level retail premise has excellent frontage & visibility along West Hastings Street with excellent ceiling heights, a character storefront with a well-known restaurant tenant in place.
FEATURES • Prime Gastown Investment Opportunity • Award Winning Character Redeveloment Project • Fully Restored Heritage Facade • Excellent Ceiling Heights • Upgraded Building Systems In Place • Secured Below Market Lease in Place, excellent potential upside, with an established restaurant tenancy
SIZE:
1,567 sf (approx.)*
LEGAL DESCRIPTION: PL BCS3221 LT 2 DL OGT LD 36 PID:
027-739-465
ZONING:
DD Comprehensive Development
STRATA FEES:
$ 573.12 (2016)
PROPERTY TAXES:
$ 8,076.00 (2015)
NET INCOME:
Please Contact Listing Agent
ASKING PRICE:
$1,050,000.00
*All sizes are approximate and as per strata plan.
632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 www.corbelcommercial.com F:604.609.0886 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
