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165 W Pender Street
Downtown VW Vancouver V6B 1S4

$12,900,000
Commercial Sale

City view featuring a mountain view
Photo 1: 165 W Pender Street in Vancouver: Downtown VW Commercial Sale for sale (Vancouver West)  : MLS®# C8068224
Photo 2: 165 W Pender Street in Vancouver: Downtown VW Commercial Sale for sale (Vancouver West)  : MLS®# C8068224
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8068224
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
Property Type:
Commercial Sale
Commercial Type:
Multi Family
Construction:
Brick/Masonry, Frame Wood
# of Apartments:
87
Year built:
1909 (Age: 116)
Living Area:
25,600 sq. ft.
Subject Property Depth:
120'
Subject Property Width:
75'
Retail Size:
8,400 sq. ft.
Title to Land:
Freehold
Lot Area:
8,712 sq. ft.
Potential to Redevelop:
REDEVELOPMENT POSSIBILITIES AS OUTLINED IN THE DTES OCP., No
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
010401113
Taxes:
$51,534.4 / 2024
No
ONE PERCENT (1.00%)
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
REDEVELOPMENT POSSIBILITIES AS OUTLINED IN THE DTES OCP., No
  • Photo 1: 165 W Pender Street in Vancouver: Downtown VW Commercial Sale for sale (Vancouver West)  : MLS®# C8068224
    City view featuring a mountain view
  • Photo 2: 165 W Pender Street in Vancouver: Downtown VW Commercial Sale for sale (Vancouver West)  : MLS®# C8068224
    City view with a mountain view
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated April 8, 2025 at 04:10 AM (UTC)
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