FOR SALE
543 Powell Street
Vancouver, British Columbia
FOR SALE
Overview
Avison Young is pleased to present the opportunity to acquire a single-storey concrete block commercial building located at 543 Powell Street in Vancouver’s Downtown Eastside. The property is suitable for investors and owner-occupiers, and offers future assembly and redevelopment options under the guidance of the Downtown Eastside (DTES) Plan.
Building
Property Details
- Address 543 Powell Street
- PID 015-603-261
- Legal Description Lot 24, Except The South 7 Feet Now Road, Block 42 District Lot 196 Plan 196
- Lot Size 2,875 sf
- Site Dimensions 25 ft (frontage) x 115 ft
- Zoning DEOD - Downtown-Eastside/Oppenheimer District
- Building Size 2,750 sf
- Year Built 1947
- Property Tax (2023) $0 (non-profit owned)
- Sale Price $1,500,000 ($545 psf)
Location
The property is located mid-block on the north side of Powell Street between Jackson Avenue to the west and Princess Avenue to the east in Vancouver’s Downtown Eastside Oppenheimer District. This location offers many neighbourhood amenities and is conveniently accessible by roadway, bicycle, and various public transportation options.
Property Highlights
Concrete block construction
High ceilings with skylights
200-amp electrical service
Transit accessibility
Kitchen facilities
Offices, meeting rooms, and open gathering area
