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345 W 13TH Avenue
Mount Pleasant VW Vancouver V5Y 1W2

$6,500,000
Multi-Family Commercial, Land Commercial

Main Photo: 345 W 13TH Avenue in Vancouver: Mount Pleasant VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8055079
Status:
Active
Prop. Type:
Multi-Family Commercial, Land Commercial
MLS® Num:
C8055079
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Bed & Breakfast
Build. Type:
Multiple Tenant/Multi-Plex (5+)
This property is offered for sale as part of two adjacent properties, 345 and 387 W 13th Avenue - Please inquire for full detail. Property is operated as guest house rental business in Vancouver West closed to City Hall, Broadway and Cambie corridor. Operated by residing owner. As a development site, the properties are two 50x125 lots which have the redevelopment options for secured rental housing under the City's Broadway Plan within the Mount Pleasant RT Area - MRTB, with max height up to 18 storeys and max density up to 5.5 FSR. Please contact for further discussions.
Sale Type:
Asset
Total space avail for lease:
10,383 sq. ft.
Business Name:
Manor Guest House
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Bed & Breakfast
Bus Op Since:
2015
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Bldgs:
2
# Units:
10
# Other Units:
0
# of Appartments:
10
# of Studio Appartments:
4
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
1
# of 1 Bedroom Appartments:
4
# of 2 Bedroom Appartments:
0
# of 3 Bedroom Appartments:
1
# Storeys:
2.0
Year built:
1912 (Age: 112)
Total Floor Area:
10,383 sq. ft.
Lot Area:
12,500 sq. ft.
Lot Depth:
125
Lot Frontage:
100'
Land Use/Zoning:
RT-6
Permitted Use:
Multifamily (5+)
Taxes:
$25,055 / 2023
Laundry Facility
Services Connected:
Fully Serviced, Lane Paved
Water Supply:
Municipal
HVAC:
Mixed
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
4.8
Other Income:
$0
Effective Gross Income:
$418,000
Gross Income:
$418,000
Oper. Expenses:
$105,582
Net Operating Income:
$312,418
Original Price:
$6,500,000
  • Photo 1: 345 W 13TH Avenue in Vancouver: Mount Pleasant VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8055079
    Photo 1 of 1
Listed by Multiple Realty Ltd.
Data was last updated February 23, 2024 at 10:10 PM (UTC)
Cofa Tsui, Associate Broker
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