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Discover the dynamic landscape of BC commercial properties, particularly in Vancouver with our comprehensive listings. From vibrant retail spaces in trendy neighbourhoods to cutting-edge office buildings in the business district, our platform is your gateway to the city’s diverse commercial properties. Whether you’re an entrepreneur seeking a storefront, an investor eyeing office spaces, or a business owner in search of the perfect location, we’ve got your commercial real estate needs covered. Explore the possibilities and find the ideal space to elevate your business in the heart of Vancouver’s dynamic commercial landscape. Contact us and we’ll be happy to set up a showing for you!

5050 Hastings Street
Capitol Hill BN Burnaby V5B 1P6

$3,850,000
Land Commercial, Retail

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Status:
Active
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8076622
Build. Type:
Church
Looking for a church or daycare property in a convenient and desirable location? 5050 Hastings is a 2-storey church on a 12,100 SF P-1 zoned lot in the sought after Hastings Heights area of Burnaby. 12 surface parking stalls. Offering vacant possession to use the building immediately. Variety of options to utilize the existing approx. 6,000 SF building including expansion, renovation or redevelopment. OCP allows 6-storey mixed use development. The property is a 5 minute drive from Highway 1 allowing convenient access across Metro Vancouver. These ones don't come along often!
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Land Commercial, Retail
Commercial Type:
Retail
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Church
# Bldgs:
1
Year built:
1958 (Age: 68)
Living Area:
6,000 sq. ft.
Subject Property Width:
82'
Lot Area:
12,196.8 sq. ft.
Potential to Redevelop:
OCP ALLOWS UP TO 6-STOREY RESIDENTIAL W/INSTITUTIONAL USE, No
Fencing:
Fenced
Parking:
Guest
Road Surface:
Paved
Heating:
Forced Air, Hot Water
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Garbage Collection, Phone Connected, Sidewalk
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Env Assmt Comment:
STAGE 1 ENVIRONMENTAL REPORT AVAILABLE
Parcel Number:
001394525
Taxes:
$739 / 2025
Paved Yard
No
None Known
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Asphalt
Potential to Redevelop:
OCP ALLOWS UP TO 6-STOREY RESIDENTIAL W/INSTITUTIONAL USE, No
Env Assmt Phase:
Yes
Original Price:
$3,850,000
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Listed by Colliers
Data was last updated March 15, 2026 at 09:40 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.