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300 Water St 11,072 SF 50% Leased Retail Building Vancouver, BC V6B 1B6 For Sale



INVESTMENT HIGHLIGHTS
- Prime Location in Downtown Vancouver, located across from the landmark Gastown Steam Clock.
- Vancouver’s commercial real estate market remains robust with continuous demand for well-located hospitality assets
- This property benefits from high foot traffic, a rich cultural atmosphere, and proximity to major transit hubs, making it an attractive asset.
EXECUTIVE SUMMARY
Exclusive Investment Opportunity
Prime Location in Downtown Vancouver! Nestled in the heart of Vancouver’s historic Gastown, the Edward Hotel offers an unparalleled opportunity to own a piece of the city’s vibrant commercial real estate. This property benefits from high foot traffic, a rich cultural atmosphere, and proximity to major transit hubs, making it an attractive asset for investors and developers alike.
The four-storey heritage building, located across from the landmark Gastown Steam Clock in downtown Vancouver. This building will transform to a unique hotel that embraces the popular architectural styles of the Edwardian era, through creative renovations and a two-storey vertical addition, the building will preserve its heritage features while enhancing its appeal. The ground level and 2nd floor, at the prominent tourist corner, is the well-known Water Street Cafe. The new rooftop will feature an outdoor guest lounge and amenity space with ocean views.
Investment Highlights
Revenue Generation: Ideal for boutique hospitality ventures, short-term rentals, or mixed-use commercial projects
Future Development: Architectural plans indicate potential for expansion or repositioning into a high-end boutique hotel or mixed-use space
Strong Market Demand: Vancouver’s commercial real estate market remains robust with continuous demand for well-located hospitality assets
Development Permit Ready
A Development Permit has been issued by the City of Vancouver. To add to, alter and change the use of an existing four storey Heritage Class B building, by adding two storeys and a basement, for a total of six storeys with a rooftop amenity level, consisting of restaurant use on the first storey and Hotel use from the first to sixth storeys.
Prime Location in Downtown Vancouver! Nestled in the heart of Vancouver’s historic Gastown, the Edward Hotel offers an unparalleled opportunity to own a piece of the city’s vibrant commercial real estate. This property benefits from high foot traffic, a rich cultural atmosphere, and proximity to major transit hubs, making it an attractive asset for investors and developers alike.
The four-storey heritage building, located across from the landmark Gastown Steam Clock in downtown Vancouver. This building will transform to a unique hotel that embraces the popular architectural styles of the Edwardian era, through creative renovations and a two-storey vertical addition, the building will preserve its heritage features while enhancing its appeal. The ground level and 2nd floor, at the prominent tourist corner, is the well-known Water Street Cafe. The new rooftop will feature an outdoor guest lounge and amenity space with ocean views.
Investment Highlights
Revenue Generation: Ideal for boutique hospitality ventures, short-term rentals, or mixed-use commercial projects
Future Development: Architectural plans indicate potential for expansion or repositioning into a high-end boutique hotel or mixed-use space
Strong Market Demand: Vancouver’s commercial real estate market remains robust with continuous demand for well-located hospitality assets
Development Permit Ready
A Development Permit has been issued by the City of Vancouver. To add to, alter and change the use of an existing four storey Heritage Class B building, by adding two storeys and a basement, for a total of six storeys with a rooftop amenity level, consisting of restaurant use on the first storey and Hotel use from the first to sixth storeys.
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- Market Information
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,072 SF
Building Class
C
Year Built
1898
Percent Leased
50%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
4.00
Lot Size
0.06 AC
Zoning
HA-2 - Heritage Class B
Parking
4 Spaces (0.4 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
1 of 10
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MATTERPORT 3D EXTERIOR
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300 Water St
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