Address: 178 E Pender St, Vancouver, BC V6A 1T3, Canada
Created date: November 21, 2024
Date last updated: November 21, 2024
- 12,867-sf commercial building in Vancouver’s Chinatown neighbourhood
- Existing income from Yoga Studio located on the second floor
- Vacant main and basement floor for owner-users or an investor to lease at market rates
- Well maintained concrete building with frontage onto Pender St
Property Description
Avison Young is pleased to present the opportunity to acquire a 12,867-sf commercial building in one of Vancouver’s most historic neighborhoods. Positioned on a 6,100-sf site, this two-story property features prominent frontage along East Pender Street. The building offers owner-users a unique opportunity to utilize the vacant main and basement levels while benefiting from an income-generating second floor, which has been extensively renovated and is currently leased to a well-known yoga studio with an exceptional covenant. For investors, the vacant bottom two floors provide significant potential for customization and tenant selection, allowing for the creation of additional income streams tailored to market demand, further enhancing the property’s value and revenue potential.