Richmond Condo Specialist

210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East) : MLS®# C8066568


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210 E 16TH Avenue
Main Vancouver V5T 2T4

$4,988,000
Multi-Family Commercial

View of property
Photo 1: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
Photo 2: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
Photo 3: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
Photo 4: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
Photo 5: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
Photo 6: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8066568
Build. Type:
Low Rise (2-4 stories)
Wow! Solid investment property available near Main Street on E. 16th Avenue. Total of 3 storeys with 10 residential units on second and third floor plus one commercial unit on ground level. Current Gross income of over $187,000/yr (potential upsides on below market rents). 5,426.51 Sq Ft corner property, C-2 commercial zoning, within 800m of Transit Oriented Development Area (Mount Pleasant Station) offers an excellent future redevelopment potential!
Sale Type:
Asset
Construction:
Mixed
Building Type:
Low Rise (2-4 stories), Mixed Use
Name of Complex/Subdivision:
# Units:
11
# Other Units:
# of Apartments:
10
# of Studio Apartments:
4
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
4
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
0
# Storeys:
3.0
Year built:
1987 (Age: 38)
Total Floor Area:
7,000 sq. ft.
Retail Size:
1,000 sq. ft.
Other Size:
6,000 sq. ft.
Lot Area:
5,426.5 sq. ft.
Lot Depth:
122.04
Lot Frontage:
43'6⅛"
Land Use/Zoning:
C-2
Permitted Use:
Mixed Use
Taxes:
$16,327.2 / 2024
Services Connected:
Cable, Sewer - Storm
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
    View of property
  • Photo 2: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
    View of garage
  • Photo 3: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
    Parking garage featuring concrete block wall
  • Photo 4: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
    View of parking garage
  • Photo 5: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
    View of snow covered property
  • Photo 6: 210 E 16TH Avenue in Vancouver: Main Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8066568
    Photo 6 of 6
Listed by RE/MAX Real Estate Services and Royal Pacific Realty Corp.
Data was last updated March 19, 2025 at 04:40 AM (UTC)
Eric Lin
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