Iconic Properties Group is proud to present 6653 Main Street, Vancouver'an exceptional mixed-use investment opportunity located in one of the city's most energetic and evolving corridors. Strategically positioned along Main Street, this property offers strong income stability and high retail visibility in a location surrounded by established retailers, cafés, and boutique services. The consistent pedestrian and vehicle traffic make it a desirable asset for both investors and owner-users seeking long-term security in a proven market. The building features two street-level commercial units and two 1-bedroom residential suites above, creating a balanced and diversified revenue profile. The property offers an attractive return with a cap rate exceeding 4.5%, supported by stable in-place income and strong fundamentals in the area. Retail tenants are set to vacate within the next 12 months, providing an opportunity for an owner-user to occupy the space or for a new investor to lease at market rates. (id:31684)
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