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Main Photo: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
Photo 1: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
Photo 2: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
Photo 3: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
Photo 4: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8044007
Build. Type:
Condo Strata Complex
Lock in your hedge against inflation and get ahead of interest rate hikes in this red-hot investment area of Downtown Vancouver. Incredible amounts of recent activity all within steps of this gorgeous location support the long term vision of value appreciation here. Beautifully redeveloped in 2008 by the Salient Group, The Paris Block is a highly desirable mixed-use strata property featuring a fully-fixtured restaurant at ground level. Proximity to Skytrain, multiple Higher Learning institutions, the Central Business District and the return of Cruise Ship Tourism bode well for the short term retail market here as well. With rent escalations built into this triple net (NNN) 'hand's free' lease, this unit offers an amazing opportunity to ride alongside major market movers nearby such as Westbank, Bosa (Army & Navy Redevelopment adjacent) and Allied Properties (Dominion Building $65M). Please do not disturb the Tenant. Call today and find out more!
Sale Type:
Asset
Construction:
Concrete, Modular
Building Type:
Condo Strata Complex, Mixed Use, Street-Level Storefront
Name of Complex/Subdivision:
THE PARIS BLOCK
Year built:
2008 (Age: 14)
Total Floor Area:
1,567 sq. ft.
Retail Size:
1,567 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
DD
Permitted Use:
Mixed Use, Retail
Taxes:
$15,091.7 / 2021
Alarm System, Emergency Lighting, Handicap Access/Facil, HVAC System, Washrooms Female/Male
# Docks:
0
# Grade Doors:
0
# Loading Doors:
0
Env Assmt Phase:
No
Condo Fee:
$886.27
Original Price:
$1,632,000
  • Photo 1: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
    Photo 1 of 4
  • Photo 2: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
    Photo 2 of 4
  • Photo 3: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
    Photo 3 of 4
  • Photo 4: 51 W HASTINGS Street in Vancouver: Downtown VW Retail for sale in "THE PARIS BLOCK" (Vancouver West)  : MLS®# C8044007
    Photo 4 of 4
Listed by Vice President - RE/MAX Commercial Advantage and Associate - RE/MAX Commercial Advantage
Data was last updated September 28, 2022 at 12:10 AM (UTC)
STEVE DA CRUZ | CCIM | PREC
Brent Brnada PREC
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.