1775 ADANAC STREET
Vancouver, BC V5L 2C8 · Hastings
$2,080,000
Type
Commercial Sale
Category
Multi Family
Lot Size
0.12 acres
Zoning
RM-4
Taxes (2025)
$0
About This Property
London Pacific is pleased to present The Prince (the "Property"), a rare opportunity to acquire a meticulously maintained six-suite apartment building near Vancouver's iconic Commercial Drive. Located in the highly desirable Grandview-Woodland neighbourhood, the Property is positioned steps from the area's renowned restaurants, cafes, boutiques, and transit. Constructed in 1952, the building sits on a 5,367 SF mid-block lot (approximately 44' x 122') with future assembly potential to complete the block. The Prince offers stable in-place cash flow with meaningful value-add potential through strategic suite turnover, renovations, and rental optimization. Owned and meticulously maintained by the same family for decades, the Property represents a true pride-of-ownership asset in one of Vancouver's most established and supply-constrained rental markets. A secure three-bay garage, accessed from the rear lane, provides additional income through month-to-month rentals while offering future revenue enhancements.
MLS® C8082610. Listed by London Pacific. Commercial MLS® data provided by Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack & District Real Estate Board, and BC Northern Real Estate Board. Information deemed reliable but not guaranteed.