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2128 E PENDER Street
Hastings Vancouver V5L 1X2

$2,295,000
Multi-Family Commercial

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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8066965
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Big Character Legal Duplex 4+Suites w Great Accomm & Income in East Village on Pender Blvd! 3450 SF Bldg 3 lvls, character features, wainscoting, high ceilings, wood floors. TOP: Big Open 2 Bdrm Suite, vaulted ceiling, Mtn Views, deck. MAIN: 2 identical 2 Bdrm Suites, private patios & decks. GROUND: 2X1 Bdrm Suites - 1 Newly Reno’d, w own laund, D/W. Excellent cond, upgrades to elec, plumbing, floors, kitchens, baths, 2 furnaces, meters & H/W tanks, sep entrances for Units. Gr Inc $11,779/mo, $141,348/yr, Net $117,928/yr, 5.1% Cap Rate w upside! Mins to The Drive, Transit, Shops, D/T. Outstanding Investment, perfect for Owner Occupiers, Extended Families w great Mtg help. Showing By Appt Only 2 day notice, MUST CONFIRM ATTENDANCE. Showing Tues Mar 25 @ 4:00pm gone by 5:00pm call LS for Appointment Time must confirm.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Units:
5
# of Apartments:
5
# of Studio Apartments:
0
# of Penthouse Apartments:
1
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
3
# of 3 Bedroom Apartments:
0
# Storeys:
3.0
Year built:
1926 (Age: 99)
Total Floor Area:
3,450 sq. ft.
Lot Area:
3,267 sq. ft.
Lot Depth:
66
Lot Frontage:
49'6"
Land Use/Zoning:
RT-5
Taxes:
$6,250.22 / 2024
Env Assmt Phase:
No
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Listed by RE/MAX Real Estate Services
Data was last updated March 28, 2025 at 05:10 PM (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.