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  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC
  • 51 - 51 W Hastings St, Vancouver, BC

1,567 ft²
Retail
$1,632,000
Sale


Steve Da Cruz
Steve Da Cruz
RE/MAX Commercial Advantage


Lock in your hedge against inflation in this red-hot investment area of Downtown Vancouver. Incredible amounts of recent investment activity all within steps of this gorgeous location support the long term value appreciation here. Beautifully redeveloped in 2008, The Paris Block is a highly desirable mixed-use strata property. With rent escalations built into this 'hand's free' lease, this unit offers an amazing opportunity to ride alongside major market movers nearby such as Westbank, Bosa (Army & Navy Redevelopment adjacent) and Allied Properties (Dominion Building $65M). PLEASE DO NOT DISTURB THE TENANT.


The Space
Asking Price$1,632,000
Available Space1,567 ft²
NegotiableYes
Suite Number51
Floor1
Property UseInvestment property / Retail
ZoningDD
Building ClassA
Year Renovated2008
Retail Sub-typeRestaurant
Private Restrooms2
SourceDirect

24hr Access
Kitchen Facilities

The Building - The Paris Block

For over 60 years The Paris Block was home to Pierre Paris & Sons - a logging boot manufacturer and shoe retailer. Today, the Paris family company continues as Paris Orthotics on West 4th Avenue. Located on West Hastings, just a few skips from the Woodward's building redevelopment, the Paris Block is a heritage conversion completed in 2008 with 29 lofts within a 100-year-old 5-storey brick building. The Paris Annex was constructed right beside the Paris Block. These buildings have been fused into shared hallways, stairs, elevator, and foyer. The Paris Annex, 100 years the junior to the Paris Block gives life to 17 modern concrete pads. "It's a very interesting juxtaposition of old and new." - The Salient Group Gastown is a great opportunity for students, urbanists and savvy visionaries to be a part of breathing new life into Vancouver's original city centre. All just steps from the SFU campus, Nester's grocery store, London Drugs, and other retailers. PLEASE DO NOT DISTURB THE TENANT.

Property TypeRetail
Floors5
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Steve Da Cruz
Steve Da Cruz
RE/MAX Commercial Advantage
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