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345-349 Water St 5,017 SF of Retail Space Available in Vancouver, BC V6B 1B8
Highlights
- Heavy daytime foot traffic
- Exposed brick wall
- Lots of natural light
- Premier 300 block of Water Street
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,017 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
• The only flagship positioning opportunity on Gastown’s most established block, with strong branding and experiential retail suitability. • High-profile retail opportunity on the 300 Block of Water Street, with exceptional traffic and pedestrian exposure, steps from the historic Gastown Steamclock, and the Canada Place Cruise ship Terminal. • Fully renovated character asset, featuring all brand new mechanical, HVAC, power, and plumbing systems. • Striking panoramic views of the Northshore mountains and Vancouver harbour. • A restored classical heritage façade with wooden floors and repointed brick throughout. • Private washrooms. • Large windows providing adbundant natural light and highly visible signage potential. • Expansive space with excellent ceiling heights. • Just minutes to Waterfront Station with several private parkades nearby. • Join exceptional businesses and restaurants including the flagship Oak + Fort store, Water Street Café, Steamworks Brewing, Lee’s Donuts, Maison Kitsuné, and several others, all located steps from 347 Water Street.
- High End Trophy Space
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Security System
- High Ceilings
- Secure Storage
- Recessed Lighting
- After Hours HVAC Available
- Automatic Blinds
- Hardwood Floors
- Display Window
- Mountain & Harbour Views
- Premium fit out
- Lots of natural light
- Turnkey flagship opportunity
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 345-349 Water St, Vancouver, BC V6B 1B8
- Tenant
- Description
- CAN Locations
- Reach
- Herschel Supply Company
- Unisex Apparel
- 9
- International
| Tenant | Description | CAN Locations | Reach |
| Herschel Supply Company | Unisex Apparel | 9 | International |
Property Facts
| Total Space Available | 5,017 SF | Gross Leasable Area | 5,500 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 5,017 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,500 SF |
| Year Built | 2004 |
About the Property
Situated on the premier 300 block of Water Street, widely regarded as Gastown’s most established and sought-after retail corridor, the property offers exceptional frontage and visibility just steps from the iconic Steam Clock and within immediate proximity to Waterfront Station, Canada Place, and the city’s primary tourism gateway. This highly curated stretch of Water Street is home to a collection of leading local and international brands, including flagship concepts such as The Latest Scoop., Maison Kitsuné, and Oak + Fort, reinforcing its position as Gastown’s dominant retail node. The subject premises, currently occupied by Herschel’s flagship store, benefit from proven functionality for premium retail use and strong brand association within the market. Designed by renowned architect Omer Arbel, the space seamlessly integrates contemporary design within a restored heritage framework, offering expansive glazing, exceptional ceiling heights, and a highly efficient, open-plan layout ideally suited for flagship merchandising and experiential retail concepts. The premises are further complemented by prominent signage exposure, private amenities, and secured underground parking. With limited availability of large-format retail spaces along this tightly held corridor, 347 Water Street represents a rare opportunity to secure a true flagship presence within one of Vancouver’s most character-rich and high-performing retail environments.
- 24 Hour Access
- Security System
- Signage
- Skylights
- Waterfront
- Storage Space
- Air Conditioning
Nearby Major Retailers
Presented by
345-349 Water St
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