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351-371 Columbia St 3,960 SF 100% Leased Retail Building Vancouver, BC V6A 2R7 $2,203,585 USD ($556.46 USD/SF)
Executive Summary
Corbel Commercial is pleased to present, under court-ordered sale, The Persepolis Hotel located at 351 Columbia Street, Vancouver, BC. The subject property sits prominently on the northwest corner of East Hastings Street and Columbia Street. The site features approximately 25 feet of frontage along East Hastings Street and approximately 122 feet of frontage along Columbia Street. The Persepolis Hotel is a 3-storey plus lower-level building, which features 27 rooming house units* on the 2nd and 3rd floors and 3 commercial units* on the main floor. The property offers convenient access to Vancouver’s downtown core, Gastown, Chinatown, and the upcoming St. Paul’s Hospital and Health Campus. With a potential for assembly, this opportunity is ideal for investors and developers seeking to capitalize on a strategically located asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,960 SF
Building Class
C
Year Built
1901
Price
$2,203,585 USD
Price Per SF
$556.46 USD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.29
Lot Size
0.07 AC
Zoning
DEOD - Comprehensive Development
Frontage
56’ on Colulmbia st
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
100/100
Nearby Major Retailers
1 of 9
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351-371 Columbia St
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