Downtown VE · Vancouver · BC
80 Powell Street
Land · For sale
Asking
$6,500,000
MLS® C8081073
The property
80 Powell Street presents a rare opportunity to develop Gastown's first purpose-built hotel. Currently improved as a surface parking lot, the property has received a Prior-to Letter from the City of Vancouver for a proposed 13-storey boutique hotel with a publicly accessible rooftop restaurant, representing a significant milestone in the development approval process. The proposed design references the site's historic CPR railway alignment while complementing Gastown's heritage character through contemporary architecture and a thoughtfully recessed, double-height ground floor that enhances the pedestrian experience. The rooftop restaurant is envisioned as a signature destination offering panoramic views of the downtown waterfront, Burrard Inlet, and the North Shore Mountains. The project presents a compelling opportunity for developers and owner-operators to deliver a landmark hospitality destination in one of Vancouver's most supply-constrained hotel markets.
Facts & features
Costs
- Gross taxes (2026)
- $9,686
The property
- Title
- Freehold
- Zoning
- HA-2
Listing details
- Listing agents
- Robert Tham, Marc Saul PREC*
Listed by Corbel Commercial Inc.
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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