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341 E Hastings Street in Vancouver: Strathcona Multi-Family Commercial for sale in "Summer Hotel" (Vancouver East) : MLS®# C8078404

341 E Hastings Street Vancouver V6A 1P3 : Strathcona

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$4,820,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8078404
Status:
Active
Bus Major:
Travel
Build. Type:
Mixed Use
GOOD INVESTMENT!!opportunities, income and redevelopment DTES.. 36-room building, SRO and single retail space at DTES, Revenue 2024/2025 $350K. Convenient location with easy access to services and transportation, near the new Saint Paul Hospital, which will open in February 2027. It's just a 5-minute walk to the new hospital, a 10-minute bus ride to downtown Vancouver, and a 15-minute ride to the Sky Train station. This building and land are ideal for both short-term and long-term investments, with plenty of potential for a variety of uses. A four-story low-rise mixed-use building in the Downtown Eastside offers 36 rooms and a single retail store. The lot spans 3,050 square feet, with a total usable space of 12,200 square feet plus an unfinished 3,050-square-foot basement. This piece of land offers great flexibility, with options ranging from constructing a 12-story building, land assembly. Lease for five years with an option to extend for another five years. Need to put $300K into renovations.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Business Name:
SUMMER HOTEL
Business Type:
Travel, Hotel/Motel
Business Established Year:
1910
Construction:
Frame Wood
Name of Complex/Subdivision:
Summer Hotel
Num Storeys:
5
Building Type:
Mixed Use
# Units Total:
37
# Other Units:
1
# of Apartments:
36
# of Studio Apartments:
36
# of Penthouse Apartments:
0
# of Bachelor Apartments:
36
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1910 (Age: 116)
Living Area:
Switch units of measure3,050 sq. ft.
Subject Property Depth:
Switch units of measure122'
Subject Property Width:
Switch units of measure25'
Retail Size:
Switch units of measure3,000 sq. ft.
Other Size:
Switch units of measure12,000 sq. ft.
Lot Area:
Switch units of measure3,049.2 sq. ft.
Zoning:
Potential to Redevelop:
PLEASE CONFIRM WITH CITY OF VANCOUVER, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Cable Connected, Fully Serviced, Garbage Collection, High Speed Internet at Lot Line, Natural Gas Connected
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
015584771
Taxes:
$18,173.6 / 2025
Emergency Lighting, Laundry Facility, Storage
No
Security System
No
No
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
PLEASE CONFIRM WITH CITY OF VANCOUVER, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by LeHomes Realty Premier
Data was last updated October 25, 2026 at 06:40 AM (UTC)
RAYMOND LEUNG
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.