221 E Georgia Street
Vancouver
V6A 1Z6
$2,598,000
Multi-Family Commercial, Retail
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial, Retail
- MLS® Num:
- C8073870
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (3)
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Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey 1912-character building offers approx 9,000 sq. ft. of space with a large street-front retail unit plus 16 SRO rooms above, including 6 with private washrooms. Solid structure with recent roof work completed. Generates approx. $173,000 gross income and $143,000 net income, representing a 5.5% cap rate. Exceptional location steps to transit, downtown, and the new St. Paul's Hospital precint. A reliable income property with future value-add and redevelopment potential.
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial, Retail
- Commercial Type:
- Multi Family
- Construction:
- Brick/Masonry, Frame Wood
- Num Storeys:
- 3
- Building Type:
- Low Rise (2-4 storeys), Mixed Use
- # Units Total:
- 17
- # Other Units:
- 1
- # of Apartments:
- 16
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 0
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1912 (Age: 113)
- Living Area:
- 1,353 sq. ft.
- Subject Property Depth:
- 122'
- Subject Property Width:
- 25'
- Subject Space Width:
- 25'
- Retail Size:
- 1,353 sq. ft.
- Lot Area:
- 3,049.2 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- Check with City regarding re-development potentials, No
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Road Surface:
- Paved
- Heating:
- Signup
- Cooling:
- Electric
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Natural Gas Connected, Street Lighting, Sidewalk
- Sewer:
- Public Sewer, Storm Sewer
- Parcel Number:
- 015662128
- Taxes:
- $11,298.1 / 2025
- No
- No
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- Check with City regarding re-development potentials, No
- Env Assmt Phase:
- No
-
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View of building exterior with a view of city
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View of building exterior
Listed by RE/MAX Real Estate Services
Data was last updated November 19, 2025 at 07:35 AM (UTC)
- SARA & DANIEL SILVEIRA
- ENGEL & VOLKERS
- 1 (778) 2372137
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Location
Kerrisdale 2126 W 41st Ave
Vancouver , BC, V6M 1Z1
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.