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5,107 ft²
Retail
$1,980,000
Sale


Stathis Savvis
Stathis Savvis
William Wright Commercial

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Nathan Armour 778-987-3055 Lot Size: +/- 5,107SF Leaseable Retail Square Footage +/- 1,228 SF Leaseable Residential Square Footage +/- 2,200 SF Potential NOI $62,100.00 Zoning: C-2A Property Tax: $9,331.96 Price $1,980,000.00 OVERVIEW Freestanding building located in the heart of Sapperton, just footsteps away from the 1.5 billion dollar expansion to the Royal Columbia Hospital. The subject property consists of three residential units and two commercial retail units. At current market rates, once fully leased the property could potentially generate a total of $91,600.00 per year. The total lot size is 5,107sf with four parking stalls at the rear of the building LOCATION The Sapperton neighborhood offers a transitioning demographic with a younger dominant age group. The district consists of a mix of single-family and multi-unit residential that flanks the neighborhood’s commercial spine along East Columbia. Located just 5 minutes from, Lougheed Hwy, Hwy 1, and steps away from the Royal Columbia Hospital which is currently in the next phases of the $1.5 billion expansion.


The Space
Asking Price$1,980,000
Available Space5,107 ft²
Floor2
Property UseInvestment property / Vacant or owner user
Taxes$9,331/yr
MLS® IDC8037677
ZoningC-2A
Year Built1954
Parking Spaces4
Retail Portion1,220 ft²
Private Restrooms5
SourceDirect

24hr Access
Bike Friendly
Bus Line
Highway Access

The Building - --

Nathan Armour 778-987-3055 Lot Size: +/- 5,107SF Leaseable Retail Square Footage +/- 1,228 SF Leaseable Residential Square Footage +/- 2,200 SF Potential NOI $62,100.00 Zoning: C-2A Property Tax: $9,331.96 Price $1,980,000.00 OVERVIEW Freestanding building located in the heart of Sapperton, just footsteps away from the 1.5 billion dollar expansion to the Royal Columbia Hospital. The subject property consists of three residential units and two commercial retail units. At current market rates, once fully leased the property could potentially generate a total of $91,600.00 per year. The total lot size is 5,107sf with four parking stalls at the rear of the building LOCATION The Sapperton neighborhood offers a transitioning demographic with a younger dominant age group. The district consists of a mix of single-family and multi-unit residential that flanks the neighborhood’s commercial spine along East Columbia. Located just 5 minutes from, Lougheed Hwy, Hwy 1, and steps away from the Royal Columbia Hospital which is currently in the next phases of the $1.5 billion expansion.

Property TypeRetail
Floors2
Building Size3,428 ft²
Lot Size5,107 ft²
Taxes$9,331/yr
MLS® IDC8037677
ZoningC-2A
Year Built1954
Retail Portion1,220 ft²
Private Restrooms5

24hr Access
Bike Friendly
Bus Line
Natural Light
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Stathis Savvis
Stathis Savvis
William Wright Commercial
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