2550 E Hastings St

2550 E Hastings St, Vancouver, British Columbia, Canada

  • High traffic area
  • highway access
  • Great retail exposure
  • Public transit nearby
  • Great visual exposure
Subject Size:
1,079 ft ²
Sale Price:
$ 310,000

Type Retail Transaction Type Sale
 
Address 2550 E Hastings St City Vancouver
Area Hastings Sunrise Country Canada
Province/State British Columbia
 
Lease Type Net
 
Zoning C-2C PID 019-194-293
 
Site Services Cable, Curb, Gutter, Garbage Collection, Paved Streets, Sanitary Sewer, Septic System, Sewer-Storm, Sidewalk, Telephone
 
Taxes $ 4,024.85 Tax Year 2011
Net Income $ 13,800 Capitalization Rate 4.5%
 
Building Type Strata/Condo Complex Free Form Legal Plan LMS1880 District lot THSL Lot 19 Land District 36

Excellent Retail Investment on the high traffic E Hastings St
close to Renfrew in the North Hastings BIA. Across from London Drugs. Emerging area. Sound investment with 4.5% Cap Rate, credible health related tenant with lease running up to May 2015 with $1,150 net income per month. (Tenant will vacate with sufficient notice.)


Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.