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556 Powell Street
Strathcona Vancouver V6A 1G9

$2,250,000
Multi-Family Commercial, Retail

Main Photo: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 1: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 2: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 3: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 4: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 5: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 6: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 7: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 8: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 9: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 10: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 11: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 12: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 13: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 14: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Photo 15: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8065902
Build. Type:
Freestanding
The subject property is located on the south side of Powell St in Vancouver’s Railtown District. The building is comprised of 23 S.R.O.units on the 2nd and 3rd floors with the main floor being high ceiling retail space, which is currently leased to Promise Vancouver, a nonprofit organization that provides care for children and youth. It is the 4th lot in a potential 5 lot assembly starting at the corner of Princess Avenue in the Downtown Eastside Oppenheimer District of Vancouver. The 5 lots combined would total 150 feet of frontage on Powell St.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Multi Family
Construction:
Brick/Masonry, Frame Wood
Num Storeys:
3
Building Type:
Freestanding, Mixed Use
# Bldgs:
1
# Units Total:
23
# of Apartments:
23
# of Bachelor Apartments:
23
Year built:
1912 (Age: 113)
Living Area:
12,000 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
25'
Lot Area:
3,050 sq. ft.
Zoning:
Potential to Redevelop:
POTENTIAL TO ASSEMBLE WITH THE NEIGHBORING PROPERTIES., No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
015586057
Taxes:
$10,551.3 / 2024
No
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
POTENTIAL TO ASSEMBLE WITH THE NEIGHBORING PROPERTIES., No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Photo 1 of 15
  • Photo 2: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Entrance foyer featuring hardwood / wood-style floors and brick wall
  • Photo 3: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Photo 3 of 15
  • Photo 4: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Dining area featuring brick wall, wood finished floors, and recessed lighting
  • Photo 5: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Corridor featuring brick wall and light wood-style floors
  • Photo 6: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Dining area with light wood-style flooring and recessed lighting
  • Photo 7: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Dining room featuring wood finished floors, a baseboard radiator, and recessed lighting
  • Photo 8: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Dining room with wood finished floors, a baseboard heating unit, and recessed lighting
  • Photo 9: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Bathroom featuring tile walls, wood finished floors, and vanity
  • Photo 10: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Rec room featuring wood finished floors, a baseboard heating unit, and recessed lighting
  • Photo 11: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Kitchen with stainless steel appliances, stainless steel countertops, open shelves, and light wood-style flooring
  • Photo 12: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Photo 12 of 15
  • Photo 13: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Photo 13 of 15
  • Photo 14: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Photo 14 of 15
  • Photo 15: 556 Powell Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East) : MLS®# C8065902
    Photo 15 of 15
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Listed by NAI Commercial
Data was last updated June 20, 2025 at 04:10 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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