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74 W Hastings St

11,220 SF 100% Leased Retail Building Vancouver, BC V6B 1G6 $4,777,902 USD ($426 USD/SF)

Executive Summary

Corbel Commercial is pleased to present, under court-ordered sale, the Grand Union Hotel located at 74 W Hastings Street. The subject property sits prominently near the South East corner of W Hastings Street and Abbott Street. The site features approximately 40 feet of frontage along West Hastings Street and approximately 120 feet of depth. The Grand Union Hotel is a 3-storey plus lower-level mixed-use building with commercial on the main floor and residential up above*. The main floor commercial premises is occupied by the Grand Union Pub, which features a 240-seat liquor primary license and the upper two floors are comprised of Thirty-Five (35) rooming house units*.
Located between Abbott Street and Carrall Street, 74 West Hastings Street offers convenient access to Downtown Vancouver, Gastown, Chinatown, and the upcoming St. Paul’s Hospital and Health Campus. The area’s current official development plan allows for opportunities to increase density under specific conditions, presenting significant potential for future development and growth*.
*Subject to the City of Vancouver’s Single Room Accommodation (SRA) bylaw.
*Approved occupancy with the City of Vancouver is Single Room Accomodations for 74 W Hastings Street and Neighbourhood Public House with Ancillary Retail Limited Food for 78 W Hastings Street. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.

Property Facts

Sale Type
Investment
Sale Condition
Court Appointed Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,220 SF
Building Class
C
Year Built
1909
Price
$4,777,902 USD
Price Per SF
$426 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.33
Lot Size
0.11 AC
Zoning
DD - Downtown District
Frontage
42 FT on Hastings St

Amenities

  • Bus Line
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Blenz Coffee
T&T
TacoTime
Tim Hortons
Noodlebox
YMCA
White Spot
CrossFit
TD Canada Trust
  • Listing ID: 33004094

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 74 W Hastings St, Vancouver, BC V6B 1G6

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