416 & 426 Main Street

The property is prominently located on the east side of Main Street between East Hastings and East Pender Streets, within Vancouver’s historic Chinatown neighbourhood and immediately east of Downtown Vancouver. The location benefits from excellent transit, cycling and pedestrian connectivity and is surrounded by a growing mix of restaurants, cultural institutions, community amenities and new development. Nearby landmarks include the Chinese Canadian Museum, Dr. Sun Yat-Sen Public Park and Vancouver Chinatown Millennium Gate, with the new St. Paul’s Hospital also located nearby.Macdonald Commercial is pleased to present the opportunity to acquire 416 & 426 Main Street, a rare 9,000 sf development site with 75 feet of frontage in the heart of Vancouver’s historic Chinatown neighbourhood. The offering comprises two adjacent parcels totaling 9,000 sf, improved with existing commercial buildings that provide holding income while a purchaser advances future redevelopment plans. The properties are zoned HA-1A, supporting a broad range of residential and commercial uses and permitting a maximum density of up to 5.35 FSR, or approximately 48,150 sf of buildable area, with a maximum height of 6 storeys / 70 feet, subject to applicable zoning requirements and approvals. With limited opportunities to assemble meaningful development sites within Chinatown, 416 & 426 Main Street offers a compelling combination of scale, frontage, existing income and long-term redevelopment potential.