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74 W Hastings Street

74 W Hastings Street
For Sale  $6,898,000
Description

Corbel Commercial is pleased to present, under court-ordered sale, the Grand Union Hotel located at 74 W Hastings Street. The subject property sits prominently near the South East corner of W Hastings Street and Abbott Street. The site features approximately 40 feet of frontage along West Hastings Street and approximately 120 feet of depth. The Grand Union Hotel is a 3-storey plus lower-level mixed-use building with commercial on the main floor and residential up above*. The main floor commercial premises is occupied by the Grand Union Pub, which features a 240-seat liquor primary license and the upper two floors are comprised of Thirty-Five (35) rooming house units*.

Located between Abbott Street and Carrall Street, 74 West Hastings Street offers convenient access to Downtown Vancouver, Gastown, Chinatown, and the upcoming St. Paul’s Hospital and Health Campus. The area’s current official development plan allows for opportunities to increase density under specific conditions, presenting significant potential for future development and growth*.

*Subject to the City of Vancouver’s Single Room Accommodation (SRA) bylaw.

*Approved occupancy with the City of Vancouver is Single Room Accomodations (35 sleeping units) for 74 W Hastings Street and Neighbourhood Public House with Ancillary Retail Limited Food for 78 W Hastings Street. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.

 
Price Brochure
$6,898,000.00
Details
  • Address 74 W Hastings Street
  • Price $6,898,000
  • District Crosstown, Gastown
  • Type Investment, Development
  • Lot Size 4,920 SF
  • Zoning DD (Comprehensive Development)
  • Year Built 1909
  • PID 015-499-855, 015-499-871
  • Property Taxes $27,087.60 (2024)
Location Map   
Description

Corbel Commercial is pleased to present, under court-ordered sale, the Grand Union Hotel located at 74 W Hastings Street. The subject property sits prominently near the South East corner of W Hastings Street and Abbott Street. The site features approximately 40 feet of frontage along West Hastings Street and approximately 120 feet of depth. The Grand Union Hotel is a 3-storey plus lower-level mixed-use building with commercial on the main floor and residential up above*. The main floor commercial premises is occupied by the Grand Union Pub, which features a 240-seat liquor primary license and the upper two floors are comprised of Thirty-Five (35) rooming house units*.

Located between Abbott Street and Carrall Street, 74 West Hastings Street offers convenient access to Downtown Vancouver, Gastown, Chinatown, and the upcoming St. Paul’s Hospital and Health Campus. The area’s current official development plan allows for opportunities to increase density under specific conditions, presenting significant potential for future development and growth*.

*Subject to the City of Vancouver’s Single Room Accommodation (SRA) bylaw.

*Approved occupancy with the City of Vancouver is Single Room Accomodations (35 sleeping units) for 74 W Hastings Street and Neighbourhood Public House with Ancillary Retail Limited Food for 78 W Hastings Street. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.

 
  • Location 74 W Hastings Street
  • Price $6,898,000
  • District Crosstown, Gastown
  • Type Investment, Development
  • Lot Size 4,920 SF
  • Zoning DD (Comprehensive Development)
  • Year Built 1909
  • Legal Description LT 3 & 4, Except the West 10 Feet, BLK 29, DL 541, PL 210
  • PID 015-499-855, 015-499-871
  • Property Taxes $27,087.60 (2024)
Features
Contact Info
Contact
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Agent
  • Name corbel
  • Phone
  • Mobile  
  • Email willow@corbelcommercial.com
  • Web Site  
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