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567 E HASTINGS Street
Strathcona Vancouver V6A 1P9

$2,150,000
Business with Property, Retail

Main Photo: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 1: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 2: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 3: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 4: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 5: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 6: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 7: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 8: 567 E HASTINGS Street, Vancouver - Strathcona
Photo 9: 567 E HASTINGS Street, Vancouver - Strathcona
Status:
Active
Prop. Type:
Business with Property, Retail
MLS® Num:
C8061358
Bus Major:
General Retail
Bus Minor:
GR - Convenience Store
Build. Type:
Freestanding
BUSINESS WITH PROPERTY! CONVENIENCE STORE! A superb opportunity to acquire a free-standing commercial building in a prime central Hastings location, conveniently close to Downtown, Yaletown, the North Shores, and Burnaby. The DEOD zoning permits a wide variety of uses. This excellent holding property may have significant redevelopment potential. According to the DEOD Official Development Plan, the maximum building height within the Main/Hastings sub-area is 30 meters (approximately 98 feet). Please check and confirm all development possibilities with the City of Vancouver. DO NOT SOLICIT OR DISTURB STAFF. If someone is interested in Business only, sellers are open to lease up the building.
Sale Type:
Asset
Major Bus Type:
General Retail
Minor Bus Type:
GR - Convenience Store
Construction:
Mixed
Building Type:
Freestanding, See Realtor Remarks, Street-Level Storefront
Year built:
1971 (Age: 53)
Total Floor Area:
990 sq. ft.
Lot Area:
3,050 sq. ft.
Lot Depth:
122
Lot Frontage:
25'
Land Use/Zoning:
DEOD COMPREHENSIVE
Taxes:
$11,993.5 / 2023
Env Assmt Phase:
No
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Listed by First Stay Realty Inc.
Data was last updated November 21, 2024 at 12:10 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.