Point Grey Home for Sale

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550 E Hastings Street
Strathcona Vancouver V6A 1P8

$1,500,000
Industrial, Retail

Status:
Active
Prop. Type:
Industrial, Retail
MLS® Num:
C8074278
Build. Type:
Freestanding
Great opportunity to purchase this free-standing property in the High traffic East Hastings area. The building with a lot size 25 x 122 used to be used as an Auto repair shop. Now is vacant. The next building 552 E Hastings with same lot size is also for sale. These 2 lots combine to produce a 6100 square foot building area (50 x 122) which is great for potential development. DEOD Zoning may permit an increase to a maximum FSR of 5 as developed as social industrial uses, public uses, and facilities. It is a great buy for investors and developers. Buyers are encouraged to check with the City to verify the property's potential use. Phase I and II of Environmental reports are available. Easy to show by appointments.
Sale Type:
Asset or Share
Ownership:
Freehold
Property Type:
Industrial, Retail
Commercial Type:
Industrial
Construction:
Concrete Block
Num Storeys:
1
Building Type:
Freestanding
# Bldgs:
1
Year built:
1946 (Age: 79)
Living Area:
3,050 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
25'
Subject Space Depth:
122'
Subject Space Width:
25'
Retail Size:
1,622 sq. ft.
Other Size:
1,134 sq. ft.
Lot Area:
3,049.2 sq. ft.
Zoning:
Potential to Redevelop:
See remarks, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Env Assmt Comment:
Phase I and II.
Parcel Number:
015677222
Taxes:
$14,644.2 / 2025
Washrooms Female/Male
No
Security System
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
See remarks, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Sutton Group-West Coast Realty
Data was last updated December 3, 2025 at 01:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.