556 - 58 Powell Street, Vancouver, BC Overview 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 non-profit 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.