The subject site is rectangular in shape and features approximately 25 feet of frontage and a depth of approximately 122 feet. There are plans in place to develop a boutique 7-storey rental building with 22 affordable studio units* with commercial retail space on the main floor and one level below grade for storage lockers.
*8 market rental units and 14 social housing units ranging from approximately 433 - 441 square feet.
Note: All detailed architectural plans and drawings will be included in sale.
Available Space3,050 ft²
Property UseInvestment property
436 East Hastings Street is situated in the Strathcona/DEOD neighbourhood, situated minutes from downtown Vancouver and adjacent to Railtown, Chinatown and Gastown districts. The area has recently seen rapid growth in commercial and residential developments and features an excellent mix of amenities nearby. A few of the notable tenants in Strathcona include Strathcona Beer Company, Les Amis Du Fromage, The Garden Strathcona Café, and the recently completed Strathcona Public Library. Five blocks to the east of the subject property is the Strathcona Village development by Wall Financial. Strathcona Village has added approximately 350 new homes and over 60,000 SF of commercial space to the Strathcona Neighbourhood.
Lot Size3,050 ft²