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Downtown Vancouver office sold in just four days

A small unit across from St. Paul's Hospital has sold for over a quarter of a million dollars
office
 
Price: $371,000
Unit Size: 604 SQFT
Property Type: Office
Zoning: DD
2016 B.C. Assessment Value: $236,100
City: Vancouver  
Province: B.C.
Name of Brokerage: William Wright Commercial 
 
A small office unit in a prime downtown locale has sold for $371,000 after just four days on the market, William Wright Commercial tells Western Investor
 
The 604-square-foot unit is currently being used as a medical office and located in a building across the street from St. Paul’s Hospital. The office space has a relatively high cap rate at 5 per cent and is near a new mixed-use development, One Burrard Place. The sale includes on parking stall. 
 
The office is located at 201 1160 Burrard St, in downtown Vancouver. 
 

 

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