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778-833-1693
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778-833-1693
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Greater Vancouver PID Homes

276 S Copper Avenue No City Value, British Columbia V0H 1J0

6150 sqft

$788,000

Historic Greenwood Sears Building For Sale! The 3-storey building is situated on a Approx 5009.4 sqft lot with a approx. 1,655.28 sqft lot as access to the 3 commercial units. The second level has 3 residential units with 0% Vacancy. The third level is in shell condition, if improved would bring an estimated extra $40,000/year of gross rent. Current net rent income is approx. $41,660 per annum, with approx. 5.3% cap rate. Location is also great for short term rental & AirBNB New roof replaced in year 2022, total cost is approx. $40,000, and can be use for another 30+ years. A rare opportunity for people who are looking for a small investment property/residence in a historical Canadian city. Don't miss your chance on a high returning - free standing building. Call now! (id:39665)

Property Details

MLS® Number C8046610
Property Type Retail

Building

Constructed Date 1900
Fire Protection Alarm System
Fireplace Present No
Size Interior 6150 Sqft

Land

Acreage No
Size Irregular 5009
Size Total 5009 Sqft
Size Total Text 5009 Sqft
Zoning Description C-1

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/24872533/276-s-copper-avenue-no-city-value

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Real Estate Board Of Greater Vancouver

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November 01 2022 01:51:00

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