Accommodation Travel and Tourism Businesses for Sale in BC

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341 E Hastings Street
Strathcona Vancouver V6A 1P3

$6,000,000
Multi-Family Commercial

View of building exterior
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8075182
Bus Major:
Travel
Build. Type:
Mixed Use
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 3,000-square-foot basement. It generates a net operating income of about $312K annually, and there's also an option to lease, excluding the grocery shop, for $20K net per month.There’s a possibility to rezone for a hotel and construct a 12-story building with 20% designated for rentals. Please confirm this with the City of Vancouver Planning Department.
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
Num Storeys:
5
Building Type:
Mixed Use
# Units Total:
37
# Other Units:
36
# 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:
3,200 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
25'
Lot Area:
3,049.2 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, Storefront
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:
  • Photo 1: 341 E Hastings Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8075182
    View of building exterior
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Listed by LeHomes Realty Premier
Data was last updated January 26, 2026 at 10:40 AM (UTC)
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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.
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.