My Office Listings

541 WALLACE Street
Hope Center Hope V0X 1L0

$998,000
Retail

Main Photo: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
Photo 1: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
Photo 2: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
Photo 3: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
Photo 4: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
Photo 5: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8043953
Build. Type:
Commercial Mix
2 STORE FRONTS FRONTING WALLACE STREET AND LARGE BACK BAY FRONTING COMMISSION STREET ON 50 x 122 DOWNTOWN COMMERCIAL ZONED LOT (CBD). ALL SPACES ARE OCCUPIED WITH 2 COMMERCIAL TENANTS. LAUNDROMAT UTILIZES ONE STOREFRONT AND BACK BAY WHILE RESTAURANT LOUNGE OCCUPIES THE SECOND STOREFRONT. RETAIL AREAS INCLUDING BACK BAY MEASURES APPROX 3669 AND ZONING ALLOWS FOR 100% LOT COVERAGE, WITH COMMERCIAL USE ON GROUND LEVEL AND APARTMENTS OR OFFICES ON UPPER LEVEL(S) .WALLACE STREET IS CONSIDERED A HIGH TRAFFIC (FOOT AND VEHICLE) COMMERCIAL AREA. UNIQUE COMMERCIAL PROPERTY WITH ADDITINAL RESIDENTIAL POTENTIAL. GST NOT INCLUDED IN PRICE.
Sale Type:
Asset
Sublease:
No
Total space avail for lease:
3,589 sq. ft.
Construction:
Concrete Block
Building Type:
Commercial Mix, Street-Level Storefront
Year built:
1955 (Age: 67)
Total Floor Area:
3,589 sq. ft.
Lot Area:
6,100 sq. ft.
Lot Depth:
122
Lot Frontage:
50'
Land Use/Zoning:
CBD
Permitted Use:
Mixed Use
Taxes:
$6,492.28 / 2021
Services Connected:
Cable at Lot Line, Cable, Curb; Gutter, Electricity, Fully Serviced, Garbage Collection, Natural Gas, Telephone, Sewer - Storm, Street Lighting, Sidewalk
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Not Applicable
  • Photo 1: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
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  • Photo 2: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
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  • Photo 3: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
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  • Photo 4: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
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  • Photo 5: 541 WALLACE Street in Hope: Hope Center Retail for sale : MLS®# C8043953
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Data was last updated August 11, 2022 at 04:40 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.