Downtown Income Producing CRU
51
West Hastings Street
Vancouver, British Columbia
V6B 1G4
Description
Exclusive offering: Currently indemnified NNN $54K NOI escalating in December 2024 to $59K. May be ideal for an end user (Tenant may consider exit). Fully improved with Restaurant fixturings (No Gas Cooking without further upgrade to Ecologizer, Buyer to determine). Renovated in 2023. Incredible amounts of recent activity all within steps of this gorgeous location support the long term vision of value appreciation here. Beautifully redeveloped in 2008 by the Salient Group, The Paris Block is a highly desirable mixed-use strata property. Proximity to Waterfront and Stadium Skytrains, multiple Higher Learning institutions, the Central Business District and the return of Cruise Ship Tourism bode well for the short term retail market here as well. This unit offers an amazing opportunity to ride alongside major market movers nearby such as Westbank, Bosa (Army & Navy Redevelopment adjacent) and Allied Properties (Dominion Building $65M). Please do not disturb the Tenant.
Key Details
Size & Measurements
Building Information view
Other listings on property
Request Information
Request was sent
Thank you for your request. A representative will be in contact with you within 48 hours.
