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939 Hastings St E 5,185 SF Flex Condo Unit Offered at $2,390,161 in Vancouver, BC V6A 1R8
Investment Highlights
- Bike storage facility
- North Shore mountain views
- High-quality office build out
- Excellent exposure to Hastings Street
- 5-minute drive to Downtown Vancouver
- Located in the heart of Strathcona in East Vancouver
Executive Summary
The Subject Property is located in the heart of the Strathcona in East Vancouver, with direct exposure onto East Hastings Street, between Raymur and Campbell Avenues and within walking distance is a variety of shops and services, including micro-breweries, artist studios, restaurants, grocery stores and coffee shops. The Property sits just a five-minute drive to Downtown Vancouver and Vancouver International Airport is a 35-minute drive south.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 7 |
| Cap Rate | 4.81% | APN/Parcel ID | 030-453-763 |
| Sale Type | Investment |
| Cap Rate | 4.81% |
| No. Parking Spaces | 7 |
| APN/Parcel ID | 030-453-763 |
Description
STRATA LOT 11 DISTRICT LOT 181 GROUP 1 NEW WESTMINSTER DISTRICT STRATA PLAN EPS5053 TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V
Sale Notes
Avison Young is pleased to present the opportunity to purchase a meticulously maintained and operated, 5,185-sf, strata office space currently occupied by Kirsten Reite Architecture Inc. on a long-term lease. The CD-1 zoning allows for various uses, including but not limited to general manufacturing, office, artist studio, retail, services, wholesaling, restaurant, beauty salon. The WorkSpaces @ Strathcona Village comprises more than 60,000 sf across two (2) floors of industrial-retail flex office space which sit below residential towers to total a 300,000 sf building covering almost an entire city block and designed to LEED Silver standards by the award winning GBL Architects.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit SL 11 | 5,185 SF | Flex | $2,390,161 USD ($460.98 USD/SF) | $114,992.10 USD |
Unit SL 11
| Unit Size |
| 5,185 SF |
| Condo Use |
| Flex |
| Price |
| $2,390,161 USD ($460.98 USD/SF) |
| NOI |
| $114,992.10 USD |
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Street
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Unit SL 11
| Unit Size | 5,185 SF |
| Condo Use | Flex |
| Price | $2,390,161 USD ($460.98 USD/SF) |
| NOI | $114,992.10 USD |
| Sale Type | Investment |
| Cap Rate | 4.81% |
| No. Parking Spaces | 7 |
| APN/Parcel ID | 030-453-763 |
| Description | |
| STRATA LOT 11 DISTRICT LOT 181 GROUP 1 NEW WESTMINSTER DISTRICT STRATA PLAN EPS5053 TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V</li></ul> | |
| Sale Notes | |
| Avison Young is pleased to present the opportunity to purchase a meticulously maintained and operated, 5,185-sf, strata office space currently occupied by Kirsten Reite Architecture Inc. on a long-term lease. The CD-1 zoning allows for various uses, including but not limited to general manufacturing, office, artist studio, retail, services, wholesaling, restaurant, beauty salon. The WorkSpaces @ Strathcona Village comprises more than 60,000 sf across two (2) floors of industrial-retail flex office space which sit below residential towers to total a 300,000 sf building covering almost an entire city block and designed to LEED Silver standards by the award winning GBL Architects.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 60,000 SF | Typical Floor Size | 6,000 SF |
| Property Type | Flex (Condo) | Year Built | 2018 |
| Building Class | A | Lot Size | 0.68 AC |
| Floors | 10 | ||
| Zoning | CD-1 - Commercial | ||
| Total Building Size | 60,000 SF |
| Property Type | Flex (Condo) |
| Building Class | A |
| Floors | 10 |
| Typical Floor Size | 6,000 SF |
| Year Built | 2018 |
| Lot Size | 0.68 AC |
| Zoning | CD-1 - Commercial |
Amenities
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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939 Hastings St E
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