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Yaletown restaurant space sold for $1M above assessed value

The 1,669-square-foot unit sold for $2.4 million
yaletown restaurant
 
A small Yaletown retail space has sold for $2.4 million, William Wright Commercial tells Western Investor
 
The 1,669-square-foot nit includes a patio and is tenanted by House Special Modern Vietnamese restaurant, across the street from Rodney’s Oyster House. The unit was constructed in 1948 and has historical district zoning. The property was listed for $2,498,000 and has an assessed value of $1,368,000. 
 
The property is located at 1269 Hamilton St., Vancouver. 
 

Breakdown: 

 
Price: $2,400,000
Property Size: 1,669 SF
Property Type: Retail 
Zoning: HA3
2016 B.C. Assessment Value: $1,368,000
Date of Sale: 09/28/2017 
City: Vancouver    
Province: B.C. 
Name of Brokerage: William Wright Commercial 
 

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