477 POWELL STREETVancouver, BC, V6A 1G7

Property Description for 477 POWELL STREET

Fully tenanted building offering stable income at a 4.3% Cap Rate Originally constructed in 1991, this building has been improved with a mix of retail and residential spaces. It features three spacious 2-bedroom residential units, each with large balconies and individually metered for electricity. The south-facing suites offer views of the park, and the unique courtyard-style building provides tenants with ample secure outdoor space. The ground floor retail unit, featuring high ceilings and electronic security shutters, is leased to a local convenience store. This property is an ideal opportunity for investors looking to capitalize on the area’s dynamic growth and cultural appeal while benefiting from high visibility and consistent foot traffic..