A look inside: $4.7-million Vancouver home with company office and music studio (PHOTOS)

Jul 17 2019, 11:20 pm

Live and work without having to leave the building; a historic property in Vancouver’s Downtown Eastside is being billed as “a truly rare offering” for its mixed uses of both residential and employment space.

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The two-storey property at 368-370 Powell Street, formerly the home of Canada Bank of Japan before the onset of World War II, when the area was Vancouver’s Japantown, is currently being listed for $4.687 million by Katie Burkard and Ian Tang of Engel & Volkers Real Estate and Adam Mitchell and Dan Jordan of Colliers International.

It was constructed in 1908, but a complete overhaul in 2008 designed by Kirsten Reite Architecture and Bon Constructors transformed the building into a contemporary chic space, while also retaining its historic charm.

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

The main floor has over 2,000 sq. ft. of high-ceiling office space, with sufficient space to comfortably accommodate a dozen workers in an office environment, plus a boardroom and office kitchenette.

The space up front, closest to the street-fronting windows, is large enough to fit a welcoming lounge waiting area and reception desk.

Alternatively, this main floor also fits well for creative industrial uses.

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

Upstairs, the entire 1,827-sq-ft second floor is entirely dedicated as a residential loft — complete with two bedrooms, in-suite laundry, walk-in closet, and open spaces.

There are also four bathrooms and an entertainer’s size kitchen.

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

The basement level features a 924-sq-ft sound-proof music studio, potentially opening up the possibility of this building being used for a business in the music or creative digital industries.

Regardless of the business type, the property amounts to the perfect space for a business owner to live in, work, and manage a small-scale company with full-time employees.

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

“This is every business owners dream to occupy an entirely private building where you can both live and work with ample space in a truly unique setting,” reads the listing.

“This property deserves to be viewed in person. It will take your breath away and open your mind to a world of possibilities.”

Address: 368 Powell Street, Vancouver

Neighbourhood: Downtown Eastside

Listing Price: $4.698 million

Listed by: Katie Burkard and Ian Tang of Engel & Volkers Real Estate Vancouver, and Adam Mitchell and Dan Jordan of Colliers International

Built in: 1908

Total floor area: 4,885 sq. ft.

Specs:

  • 2,000+ sq. ft. office and creative industrial office space on the main level
  • 1,827 sq. ft. residential loft on the second level with two bedrooms and in-suite laundry and storage
  • 942 sq. ft. sound-proof music studio in the basement
  • 676 sq. ft. enclosed and heated garage
  • 4 bathrooms (including 1 partial bathroom)
  • Bike room

Property taxes: $6,955 (2018)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

368-370 powell street vancouver

368-370 Powell Street, Vancouver. (Katie Burkard and Ian Tang / Engel & Volkers Real Estate Vancouver)

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