Underground room with ‘unlimited potential’ on sale for $128K in Vancouver

Underground room with 'unlimited potential' on sale for $128K in Vancouver

A unique property has recently hit the market in Vancouver, offering a rare opportunity for potential buyers. Located in the city’s East Side, an underground room with unlimited potential is up for sale for $128,000.

The room, which is situated beneath a commercial building, measures approximately 400 square feet and is accessible through a trapdoor in the floor. According to the listing agent, the space has been used for storage in the past, but its potential uses are endless.

The current owner, who wishes to remain anonymous, purchased the property in the 1990s and has used the underground room for personal storage. However, with the rising demand for unique and unconventional spaces in Vancouver, the owner has decided to put it on the market.

Potential buyers have already expressed interest in the property, with some envisioning it as a private office, a wine cellar, or even a secret hideaway. The room’s location, tucked away beneath a bustling commercial area, adds to its appeal and potential for privacy.

While the room does not have any windows, it does have electricity and plumbing, making it a blank canvas for creative minds. The listing agent also notes that the room is structurally sound and has been well-maintained over the years.

The asking price of $128,000 may seem steep for a room without windows, but the agent explains that it is in line with the current market in Vancouver. The city’s real estate market has been notoriously competitive and expensive, with many properties selling for well above asking price.

For those interested in purchasing the underground room, the agent advises that they consult with the city’s zoning and building regulations to ensure their intended use is permitted. The property is zoned for commercial use, but the agent believes that with the proper permits, it could also be used for residential purposes.

The listing has garnered attention from both local and international buyers, with many intrigued by the room’s unique potential. The agent expects the property to sell quickly, given its one-of-a-kind nature and the high demand for unconventional spaces in Vancouver.

In conclusion, the underground room for sale in Vancouver presents a rare opportunity for buyers to own a unique and versatile space in the heart of the city. With its unlimited potential and prime location, it is sure to attract a lot of interest and potentially sell for well above the asking price.

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