Corbel Commercial Inc. | Commercial Real Estate Services

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FOR SALE

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PRIME EAST VANCOUVER INVESTMENT OPPORTUNITY

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103 EAST HASTINGS STREET

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W E N ROBERT THAM 604.609.0882 x 223

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MARC SAUL* 604.609.0882 x 222

[email protected]

[email protected] 632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T: 604.609.0882 www.corbelcommercial.com F: 604.609.0886

*Personal Real Estate Corporation

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.

PRIME EAST VANCOUVER INVESTMENT OPPORTUNITY

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103 EAST HASTINGS STREET

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FOR SALE

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LOCATION This exceptional investment property is strategically located on East Hastings Street, between Main and Columbia Streets in East Vancouver. This area is located in close proximity to several public transit routes, International Village Mall, Chinatown, Railtown and Gastown. A few of 103 East Hastings Street’s neighbours include LightForm, PiDGiN, Save-On-Meats, Bob Rennie’s Wing Sang Building & Gallery, Calabash Bistro and Nicli Antica Pizzeria.

THE OPPORTUNITY

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This three-storey plus basement mixed-use character building features 14 rooming units* (SRA), and a character main level commercial space. The second and third levels include 14 rooms, common washrooms and a well-maintained common living area and kitchen on the third level. There are a variety of ways to add value to this property and increase the revenue. Please contact us for further details.

ZONING DEOD Comprehensive Development

LEGAL DESCRIPTION

E HASTINGS

Plan: VAP184, Lot: 24, Block: 9, District Lot: 196, Land District: 36

PID 010-184-414

LOT SIZE 25.18 feet x 122 feet (approx.)

BUILDING SIZE Please contact listing agent

PROPERTY TAXES (2016) Church-operated property; please contact listing agent

NET OPERATING INCOME Please contact listing agent

REDUCED ASKING PRICE $2,890,000.00 * The approved occupancy of the building with the City of Vancouver is for 19 rooming units (14 sleeping units and 5 housekeeping units).

632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 F:604.609.0886 www.corbelcommercial.com 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.

PRIME EAST VANCOUVER INVESTMENT OPPORTUNITY

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103 EAST HASTINGS STREET

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FOR SALE

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PHOTO GALLERY - COMMERCIAL

632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 F:604.609.0886 www.corbelcommercial.com 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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103 EAST HASTINGS STREET

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FOR SALE

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PRIME EAST VANCOUVER INVESTMENT OPPORTUNITY PHOTO GALLERY - RESIDENTIAL

632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 F:604.609.0886 www.corbelcommercial.com 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.

FOR SALE

n East Va c

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PRIME EAST VANCOUVER INVESTMENT OPPORTUNITY

rb

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103 EAST HASTINGS STREET

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LOCAL AREA MAP

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1. Sequel 138 Development 2. PiDGiN 3. LightForm 4. Calabash Bistro 5. Army & Navy 6. Save-On-Meats 7. Bauhaus

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Carrall St

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Columbia St

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103 E Hastings St.

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8. L’Abattoir 9. Peckinpah 10. Irish Heather 11. The Blarney Stone 12. Nicli Antica Pizzeria 13. Chill Winston 14. The Birds & The Beets

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15. Bambudda 16. Rodney’s Oyster House 17. CrossFit 604 18. InGastown Development 19. The Flying Pig Gastown 20. Woodward’s Building 21. International Village Mall

632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 F:604.609.0886 www.corbelcommercial.com 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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103 EAST HASTINGS STREET

n East Va rb

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FOR SALE

el c rc omme

PRIME EAST VANCOUVER INVESTMENT OPPORTUNITY AERIAL MAP

Subject Property

632 CITADEL PARADE, VANCOUVER, BC, V6B 1X3 T:604.609.0882 F:604.609.0886 www.corbelcommercial.com 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.