786 Powell Street, Strathcona, Vancouver East
For Sale

Strathcona, Vancouver East

786 Powell Street

Industrial

Property Type

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Price
  • Area in Sqft 4,682
  • Lot in Sqft 3,050
  • Lot Dimensions in Ft 25x122
About the Property

Highlights

Standing tall on the south side of Powell Street, the subject property is strategically located in one of Vancouver’s most prominent industrial neighbourhoods. Nestled mid-block between Hawks Avenue and Heatley Avenue, 786 Powell Street is just minutes to the downtown core while providing easy access to East Vancouver, Highway 1 and the Second Narrows Bridge via Powell Street.



  • Mixed-use building fully renovated in 2018, featuring stunning office and industrial spaces

  • Turnkey income-producing asset with 4,682 Sf of leasable area over two floors

  • Flexible zoning provides for a variety of uses and up to a 5.0 FSR or 15,250 buildable SF

  • Direct proximity to Downtown, East Vancouver and Highway 1 via Powell Street

  • Located mid-block between Hawks Avenue and Heatly Avenue, the site has 25 feet of frontage along Powell Street and 122 feet of depth, totaling 3,050 SF.

  • Brand new roof and floor-to-ceiling windows in the front

Floor Plans and PDFs

Improvements

By all definitions, prime, 786 Powell Street presents a rare opportunity to purchase a beautifully renovated income-producing property on a prominent 3,050 SF lot. Originally built in 1978 with cinderblock construction, the subject property was fully renovated in 2018 and consists of 4,682 SF of leasable area over two floors. Featuring floor-to-ceiling glass windows, private glass offices, and well-appointed fixtures, 786 Powell Street is an exemplary example of a turnkey asset that has been upgraded into the modern age.

The subject property features high ceilings with plenty of power via 3-phase 400 amps electrical, as well as security cameras and sprinklers throughout. The ground floor is outfitted with three offices, a reception area, two washrooms, and industrial space. Upstairs on the second level is equipped with ten offices, two washrooms, and a lounge/lunch area with a large kitchenette. Other major improvements include a new roof, a handicap-accessible lift as well as a 170 L hot water tank. The rear of the property features parking and loading with access from the lane.

Furthermore, flexible industrial zoning under the City of Vancouver’s M-2 zoning bylaw allows for a myriad of uses including office and retail uses (conditional) while providing for up to a 5.00 FSR or up to 15,250 buildable SF.

Whether you are a seasoned investor, an owner-occupier, or are looking to purchase your first commercial property, 786 Powell Street represents a rare opportunity to acquire a turnkey income-producing asset with long-term upside.

Location

Explore the Area Around 786 Powell Street, Strathcona, Vancouver East

Strathcona, Vancouver East

Share the neighbourhood with established businesses including Aritzia, Herschel Supply Co, Sunrise Soya Foods, 604 Records and Carmel Furniture. As well, experience exceptional dining with Strathcona Brewing, McKenzie Room, Dosanko, and Liquids and Solids just blocks away! Great neighbourhood appeal combined with 786 Powell Street’s excellent location and flexible zoning allows this property to attract and cater to a wide variety of tenants and businesses alike. 786 Powell Street’s central location coupled with long-term neighbourhood growth makes this property a strategic investment for years to come.

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Contact us today for more information or a private viewing of this Industrial

604.398.8836