52 Powell Street

52 Powell Street
For Sale  $6,650,000
Description

Corbel Commercial is pleased to present the opportunity to acquire 52 Powell Street, a freestanding, four-storey character asset in the heart of Gastown. The main level is occupied by Takenaka, a successful operating restaurant, while the three full floors above provide approximately 6,000 SF of distinctive character office space—creating an exceptional opportunity for an owner-user to occupy the upper levels while benefiting from established restaurant income below.

The property is strategically positioned near a growing collection of hospitality and dining destinations, including the newly opened Block House Hotel, Amber and Celeste, and the upcoming Moon restaurant. Directly nearby, the entitled 13-storey boutique hotel development at 80 Powell Street further reflects the continued investment and evolution of this historic Gastown pocket.

52 Powell Street presents a compelling combination of character, income and owner-user potential in one of Vancouver’s most distinctive urban neighbourhoods.

 
Price Brochure
$6,650,000.00
$8,850,000
Details
  • Address 52 Powell Street
  • Price $6,650,000
  • District Gastown
  • Type Owner-User, Investment
  • Lot Size 2,078.25 SF
  • Building Size 10,284 SF (approx.)
  • Zoning HA-2 (Gastown Historic Area)
  • Year Built 1909
  • PID 008-666-644
  • Property Taxes $56,398.60 (2026)
Location Map   
Description

Corbel Commercial is pleased to present the opportunity to acquire 52 Powell Street, a freestanding, four-storey character asset in the heart of Gastown. The main level is occupied by Takenaka, a successful operating restaurant, while the three full floors above provide approximately 6,000 SF of distinctive character office space—creating an exceptional opportunity for an owner-user to occupy the upper levels while benefiting from established restaurant income below.

The property is strategically positioned near a growing collection of hospitality and dining destinations, including the newly opened Block House Hotel, Amber and Celeste, and the upcoming Moon restaurant. Directly nearby, the entitled 13-storey boutique hotel development at 80 Powell Street further reflects the continued investment and evolution of this historic Gastown pocket.

52 Powell Street presents a compelling combination of character, income and owner-user potential in one of Vancouver’s most distinctive urban neighbourhoods.

 
  • Location 52 Powell Street
  • Price $6,650,000
  • District Gastown
  • Type Owner-User, Investment
  • Lot Size 2,078.25 SF
  • Building Size 10,284 SF (approx.)
  • Zoning HA-2 (Gastown Historic Area)
  • Year Built 1909
  • Legal Description LT 5 BLK 7 PL VAP184 DL 196 GP 1 NWD
  • PID 008-666-644
  • Property Taxes $56,398.60 (2026)
Features
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Agent
  • Name corbel
  • Phone
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  • Email marketing@corbelcommercial.com
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