794 Powell Street

For Sale | Industrial | ± 6,256 SQFT | $3,600,000
Overview

William Wright Commercial is pleased to present 794 Powell Street, a 6,256 SF freestanding industrial building situated on a 9,139 SF corner lot, currently improved for automotive use. Zoned M-2, the property permits a wide range of industrial activities, including automotive service. It features a main floor warehouse with a small mezzanine, fenced outdoor yard space, and prominent exposure along Powell Street. Well-suited for both investors and future owner-users, the site offers in-place tenancy with below-market rents, substantial upside potential, and excellent long-term redevelopment prospects.

Corner Freestanding Automotive Building with Yard Space

  • Rare Automotive Use: Improved for automotive service, a permitted use under M-2 zoning that is increasingly difficult to secure in Vancouver
  • Below-Market Lease with Upside: Currently leased at below-market rates, offering investors strong potential for income growth upon renewal or repositioning
  • Outdoor Yard Space: Fenced yard provides valuable storage and operational flexibility
  • Corner Lot with Exposure: High-visibility corner site along Powell Street, ideal for signage and long-term redevelopment potential
  • Bonus Shed Area: Approximately 715 SQFT of covered and gated shed area

Details
Status

For Sale

Address

794 Powell Street, Vancouver,
Canada

Size

± 6,256 SQFT

Type

Industrial

Price

$3,600,000

Property Taxes

$52,921.60

PID

015-587-606 & 015-587-576 & 015-587-592

Zoning

M-2

Legal Description

LOT 20 BLOCK 51 DISTRICT LOT 181 PLAN 196 & LOT 18 BLOCK 51 DISTRICT LOT 181 PLAN 196 & LOT 19 BLOCK 51 DISTRICT LOT 181 PLAN 196

Location

794 Powell Street is strategically located in Vancouver’s Downtown Eastside, offering exceptional access to major transportation corridors and regional logistics infrastructure. Situated along Powell Street and just off Clark Drive, the property provides direct connectivity to Highway 1 and is less than 5 minutes from the Port of Vancouver’s Centerm. Transit is readily available with several bus routes nearby and the Stadium-Chinatown SkyTrain Station 2 km away.


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Steven Lam
Steven Lam

Personal Real Estate Corporation

Commercial Sales & Leasing

Matthew Ho
Matthew Ho

Personal Real Estate Corporation

Commercial Sales & Leasing

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.