This 3,047 square foot mixed-use property is located on the south side of Powell Street in Vancouver’s emerging Railtown District. The building features 23 Single Room Occupancy (S.R.O.) units across the second and third floors, providing a stable residential income component. The ground floor consists of high-ceiling retail space currently leased to Promise Vancouver, a non-profit organization serving children and youth.
Strategically positioned as the fourth parcel in a potential five-lot assembly starting at the corner of Princess Avenue, the property forms part of a larger redevelopment opportunity within the Downtown Eastside Oppenheimer District. If consolidated, the five-lot assembly would offer approximately 150 feet of frontage along Powell Street, creating significant future development potential in a neighbourhood undergoing active transformation.
