541 E Hastings Street, Strathcona, Vancouver East
For Sale

Strathcona, Vancouver East

541 E Hastings Street

Retail

Property Type

$1,598,000

Price
  • Area in Sqft 2,500 sqft
  • Lot in Sqft 3,050 sqft
  • Lot Dimensions in Ft 25x122
  • Civic Address 541 East Hastings St, Vancouver, BC
About the Property

Development opportunity

Originally constructed in 1927 and nestled mid-block on East Hastings Street between Jackson Ave and Princess Ave, 541 E Hastings Street presents a rare opportunity to purchase a commercial property that is ready to be renovated. Previously operated as a restaurant, the subject property consists of approximately 2,500 SF and is outfitted with a spacious seating area, a bar, and a large kitchen. 541 E Hastings Street offers a strong foundation to be the next trending restaurant or could potentially be utilized as a commissary kitchen. Furthermore, the subject property offers substantial development potential under the DEOD Sub-Area 1 zoning bylaw, allowing up to a maximum development of up to 5.0 floor space ratio (FSR). Whether a seasoned investor or commercial business operator, the subject property offers a rare opportunity to revitalize a property with vacant possession or explore development options with the City of Vancouver.

Location

Explore the Area Around 541 E Hastings Street, Strathcona, Vancouver East

Strathcona, Vancouver East
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Contact us today for more information or a private viewing of this Retail

604.398.8836