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80 Powell st 7,945 SF Specialty Building Offered For Sale in Vancouver, BC V6A 1E7

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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.

ATTACHMENTS

Powell St. 80

PROPERTY FACTS

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39214849

  • Date on Market: 2026-01-26

  • Last Updated:

  • Address: 80 Powell st, Vancouver, BC V6A 1E7

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