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165 W Pender Street in Vancouver: Downtown VW Multi-Family Commercial for sale (Vancouver West) : MLS®# C8068224

165 W Pender Street Vancouver V6B 1S4 : Downtown VW

City view featuring a mountain view
$12,900,000
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8068224
Status:
Active
165 W Pender presents a rare opportunity to acquire the Avalon and Silver Hotels, offering 87 residential units above approx. 8,400 SF of retail space. Ideally located between Cambie and Abbott Streets in Vancouver's vibrant Victory Square/Crosstown district, the property benefits from exceptional walkability, SkyTrain access, and proximity to Gastown's amenities. The residential floors feature elevator service, front desk concierge, and full fire and life safety compliance. Retail spaces are available for a variety of uses, presenting immediate value-add potential. With stable residential income and retail repositioning opportunities, the Avalon is well positioned for investors seeking cash flow and long-term upside in one of Vancouver's most dynamic urban neighbourhoods.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Multi Family
Construction:
Brick/Masonry, Frame Wood
# of Apartments:
87
Year built:
1909 (Age: 116)
Living Area:
Switch units of measure25,600 sq. ft.
Subject Property Depth:
Switch units of measure120'
Subject Property Width:
Switch units of measure75'
Retail Size:
Switch units of measure8,400 sq. ft.
Lot Area:
Switch units of measure8,712 sq. ft.
Zoning:
Potential to Redevelop:
REDEVELOPMENT POSSIBILITIES AS OUTLINED IN THE DTES OCP., No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
010401113
Taxes:
$51,534.4 / 2024
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
REDEVELOPMENT POSSIBILITIES AS OUTLINED IN THE DTES OCP., No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated June 15, 2025 at 10:40 PM (UTC)
RAYMOND LEUNG

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