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221 E Georgia Street
Strathcona 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)
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:
0
# 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:
Potential to Redevelop:
Check with City regarding re-development potentials, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
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:
Potential to Redevelop:
Check with City regarding re-development potentials, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by RE/MAX Real Estate Services
Data was last updated November 18, 2025 at 06:40 PM (UTC)
Jean Seguin

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