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

Share the neighbourhood with established businesses including Aritzia, Herschel Supply Co, Sunrise Soya Foods, 604 Records and Carmel Furniture. As well, experience exceptional dining with Strathcona Brewing, McKenzie Room, Dosanko, and Liquids and Solids just blocks away! Great neighbourhood appeal combined with 786 Powell Street’s excellent location and flexible zoning allows this property to attract and cater to a wide variety of tenants and businesses alike. 786 Powell Street’s central location coupled with long-term neighbourhood growth makes this property a strategic investment for years to come.

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Contact us today for more information or a private viewing of this Retail

604.398.8836