541 East Hastings Street, Vancouver
|Civic Address||541 East Hastings Street, Vancouver, BC|
|Site Area||3,050 ft²|
|Site Dimensions||25′ x 122′|
|Zoning||DEOD: Sub-Area 1|
- Located in Vancouver’s Historic Japantown neighbourhood
- Immediate proximity to Downtown Vancouver, Chinatown and Railtown
- Share the neighbourhood with trendy restaurants such as Cuchillo, Dosanko, and Mackenzie Room
541 East Hastings St
Furthermore, the subject property offers substantial development potential under the DEOD Sub-Area 1 zoning bylaw, allowing up to a maximum development of up to 5.0 floor space ratio (FSR).
Whether a seasoned investor or commercial business operator, the subject property offers a rare opportunity to revitalize a property with vacant possession or explore development options with the City of Vancouver.
Furthermore, the technology sector in Vancouver has begun to congregate around Main Street and Railtown. Less than four blocks away from the subject property is the new Vancouver Centre for Social and Economic Innovation – 312 Main Street (formerly the Police Headquarters). This innovation centre presents over 100,000 SF of new commercial space that offers a wide range of uses that is meant to foster collaboration and innovation among organizations, artists and entrepreneurs.
Inevitable neighbourhood change has begun to transform the area’s properties, lifestyle, and image. Such positive long-term neighbourhood growth assures a strategic location for any investment or development.
Vancouver, B.C. V6A 1Z6