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131 Water St 2,380 - 14,498 SF of 4-Star Retail Space Available in Vancouver, BC V6B 1A7



Highlights
- Landmark heritage building restored to modern retail standards while preserving historic character.
- Steps from Waterfront Station, offering seamless access to the Expo Line, Canada Line, SeaBus, and West Coast Express.
- Surrounded by a diverse mix of renowned restaurants, cafés, boutiques, galleries, and lifestyle amenities.
- Prime Water Street frontage with high pedestrian exposure in Vancouver’s iconic Gastown district.
- Multiple ground-floor units available, ranging from approx. 2,380 to 6,998 sq. ft., with varying power capacities and select kitchen venting options.
- Estimated delivery slated for Q2/Q3 2027, with HA-2 Historical Area zoning supporting a variety of retail uses.
All Available Spaces(4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 113 | 2,380 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | - | TBD |
| 1st Floor, Ste 115 | 2,664 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | - | TBD |
| 1st Floor, Ste 125 | 6,998 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | - | TBD |
| 1st Floor, Ste 135 | 2,456 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | - | TBD |
1st Floor, Ste 113
| Size |
| 2,380 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| TBD |
1st Floor, Ste 115
| Size |
| 2,664 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| TBD |
1st Floor, Ste 125
| Size |
| 6,998 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| TBD |
1st Floor, Ste 135
| Size |
| 2,456 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| TBD |
1st Floor, Ste 113
| Size | 2,380 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | - |
| Available | TBD |
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
1st Floor, Ste 115
| Size | 2,664 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | - |
| Available | TBD |
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
1st Floor, Ste 125
| Size | 6,998 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | - |
| Available | TBD |
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
1st Floor, Ste 135
| Size | 2,456 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | - |
| Available | TBD |
131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.
Property Facts
| Total Space Available | 14,498 SF | Apartment Style | Mid-Rise |
| No. Units | 80 | Building Size | 138,000 SF |
| Property Type | Multifamily | Year Built | 2027 |
| Property Subtype | Apartment | Construction Status | Proposed |
| Total Space Available | 14,498 SF |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 138,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
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131 Water St
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