Strathcona building sold for more than $2 million above value

The property was sold for $8.8 million and has an assessed value of $6.3 million

for Western Investor
March 30, 2017

east hastings business
Price: $8,800,000
Lot Size: 13,261 SF
Property Type: Office
Zoning: M1
2016 B.C. Assessment Value: $6,356,000
City: Vancouver  
Province: B.C. 
Name of Brokerage: Lee & Associates Commercial Real Estate and Amex Realty 
A high-profile corner building in the Strathcona neighbourhood sold for $8.8 million, according to Lee & Associates Commercial Real Estate. 
The office and retail property is located a few blocks from Chinatown, Railtown and Commercial Drive. The space is two levels with a 23-stall underground parking lot. The building has undergone high quality improvements to executive offices and boardrooms. Don Mussenden of Lee & Associates and Jazz Singh of Amex Realty co-brokered the sale. 
The property is located at 803 East Hastings St., Vancouver. 

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Don has specialized in investment, industrial and commercial sales and leasing for 30 years.

Lee & Associates Vancouver
475 W Georgia St., Suite 800
Vancouver, B.C. V6B 4M9
Office: 604-630-3373

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