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Main Photo: 948 HOWE Street in Vancouver: Downtown VW Office for sale (Vancouver West)  : MLS®# C8048117
Photo 1: 948 HOWE Street in Vancouver: Downtown VW Office for sale (Vancouver West)  : MLS®# C8048117
Photo 2: 948 HOWE Street in Vancouver: Downtown VW Office for sale (Vancouver West)  : MLS®# C8048117
Photo 3: 948 HOWE Street in Vancouver: Downtown VW Office for sale (Vancouver West)  : MLS®# C8048117
Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8048117
Build. Type:
Commercial Mix
Unique opportunity to acquire a freestanding office/retail building in the heart of Downtown Vancouver’s Central Business District which contains many entertainment, arts, and sports venues as well as Vancouver’s most popular shopping hubs. This prime location sits right across from BC Superior Court House & minutes away from Vancouver City Centre Skytrain station, Pacific Centre, Robson Square, Yaletown and more. This well maintained concrete commercial building provides 5,100 SF in 2 storeys and is ideal for investor or owner-occupier with future development potential as it is designated within City of Vancouver’s Downtown NCP for up to 6 FSR. The ground floor retail portion is leased to the Red Room Hair & Spa at below market rents with an opportunity to increase, and the 2nd floor office portion of 2,550 SF will be delivered as vacant. Visit www.rlpcommercialvancouver.com for more info.
Sale Type:
Asset
Construction:
Concrete
Building Type:
Commercial Mix, Office Building, Street-Level Storefront
Name of Complex/Subdivision:
# Other Units:
# Storeys:
2.0
Year built:
1957 (Age: 66)
Total Floor Area:
5,100 sq. ft.
Office Size:
2,550 sq. ft.
Retail Size:
2,550 sq. ft.
Lot Area:
3,000 sq. ft.
Lot Depth:
120
Lot Frontage:
25'
Land Use/Zoning:
DD
Permitted Use:
Mixed Use
Taxes:
$37,479.4 / 2022
Boardroom, HVAC System, Storefront, Washrooms Female/Male
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 948 HOWE Street in Vancouver: Downtown VW Office for sale (Vancouver West)  : MLS®# C8048117
    Photo 1 of 3
  • Photo 2: 948 HOWE Street in Vancouver: Downtown VW Office for sale (Vancouver West)  : MLS®# C8048117
    Photo 2 of 3
  • Photo 3: 948 HOWE Street in Vancouver: Downtown VW Office for sale (Vancouver West)  : MLS®# C8048117
    Photo 3 of 3
Listed by Royal LePage Sussex
Data was last updated June 5, 2023 at 07:05 AM (UTC)
HOLLY CALDERWOOD
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