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122-130 W Hastings Street
Downtown VW Vancouver V6B 1G8

$23,800,000
Land Commercial, Office

Main Photo: 122-130 W Hastings Street, Vancouver - Downtown VW
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Status:
Active
Prop. Type:
Land Commercial, Office
MLS® Num:
C8069308
Build. Type:
Low Rise (2-4 storeys)
Investor opportunity in the heart of Vancouver’s historic Gastown. This fully renovated Heritage “B” building at 128 West Hastings offers over 47,000 sq ft of usable space on a 100' x 120' lot. Originally built in 1899 and thoughtfully updated, it blends timeless architecture with modern functionality. The building includes 8 units plus a basement, featuring 4 tenanted retail storefronts at street level and 4/5 office suites above—all with soaring ceilings and excellent natural light. Zoned Downtown District (DD), it supports a wide range of uses including office, retail, cultural, and institutional, offering strong upside potential. Updated with modern amenities including kitchens, washrooms, showers, and locker facilities. Steps to transit, shops, and amenities, this is a rare chance to acquire a legacy asset in a vibrant, high-footfall area. Showings by appointment only. Please do not disturb tenants. All measurements are approximate; buyers to verify if important.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Land Commercial, Office
Num Storeys:
3
Building Type:
Low Rise (2-4 storeys), Mixed Use
Year built:
1909 (Age: 116)
Living Area:
1.08 acre(s)
Subject Property Depth:
120'
Subject Property Width:
100'
Subject Space Depth:
120'
Subject Space Width:
100'
Office Size:
23,574 sq. ft.
Retail Size:
11,744 sq. ft.
Other Size:
11,853 sq. ft.
Class Of Space:
Class B
Lot Area:
12,000 sq. ft.
Acres Freehold:
0 sq. ft.
Road Surface:
Paved
Electricity:
No
Services Connected:
Electricity at Lot Line, Natural Gas at Lot Line, Natural Gas Connected, Street Lighting, Sidewalk, City Water at Lot Line
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
800178451
Taxes:
$213,324 / 2024
No
# Docks:
0
# Grade Doors:
4
# Loading Doors:
4
Ceiling Height:
0'
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Env Assmt Phase:
No
Association Fee:
$.00
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Listed by Grand Central Realty
Data was last updated June 4, 2025 at 04:05 AM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.

Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.