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80 Powell st 7,945 SF Specialty Building Offered For Sale in Vancouver, BC V6A 1E7
Investment Highlights
- Development permit application underway for a potential 14-storey hotel
- Compelling risk-adjusted development profile
- Proposed publicly accessible rooftop restaurant designed as a landmark attracting offering panoramic views
- Optional existing hotel acquisition at the adjacent property 211 Columbia Street - 19-unit boutique hotel conversion ready in Q1 2026
Executive Summary
80 Powell Street presents a rare opportunity to develop a boutique hospitality asset at the eastern gateway to Gastown, one of Vancouver’s most iconic and culturally significant neighbourhoods. The site is currently improved as a surface parking lot and is the subject of an active development permit application for a 13-storey or 14-storey hotel with a destination rooftop restaurant.
The proposed development has been thoughtfully designed to integrate with Gastown’s historic context, referencing the site’s former CPR railway alignment and off-grid orientation while introducing contemporary architecture that complements the surrounding heritage streetscape. A setback, double-height ground floor creates a highly permeable pedestrian realm, strengthening connections between Powell Street, the laneway, and adjacent public spaces.
Crowning the building, the rooftop restaurant is envisioned as a publicly accessible destination offering panoramic views over the downtown waterfront, port facilities, Burrard Inlet, and the North Shore mountains. Positioned as a modern counterpart to Gastown’s historic western gateway, the project is designed to anchor the district’s eastern edge while contributing to the area’s continued revitalization and long-term economic vitality.
80 Powell Street offers investors a compelling opportunity to participate in the next chapter of Gastown — blending hospitality, placemaking, and heritage-sensitive design in a highly visible urban location.
The proposed development has been thoughtfully designed to integrate with Gastown’s historic context, referencing the site’s former CPR railway alignment and off-grid orientation while introducing contemporary architecture that complements the surrounding heritage streetscape. A setback, double-height ground floor creates a highly permeable pedestrian realm, strengthening connections between Powell Street, the laneway, and adjacent public spaces.
Crowning the building, the rooftop restaurant is envisioned as a publicly accessible destination offering panoramic views over the downtown waterfront, port facilities, Burrard Inlet, and the North Shore mountains. Positioned as a modern counterpart to Gastown’s historic western gateway, the project is designed to anchor the district’s eastern edge while contributing to the area’s continued revitalization and long-term economic vitality.
80 Powell Street offers investors a compelling opportunity to participate in the next chapter of Gastown — blending hospitality, placemaking, and heritage-sensitive design in a highly visible urban location.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.18 AC |
| Sale Condition | Redevelopment Project | Building Size | 7,945 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Parking Lot | Year Built | 1940 |
| Building Class | C | Parking Ratio | 3.4/1,000 SF |
| Zoning | HA-2 | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Parking Lot |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,945 SF |
| No. Stories | 1 |
| Year Built | 1940 |
| Parking Ratio | 3.4/1,000 SF |
| Zoning | HA-2 |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
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80 Powell st
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