No 1, Douglas Street? (5)
I believe the answer is:
first
'no 1' is the definition.
'douglas street?' is the wordplay.
'douglas' becomes 'fir' (douglas fir is an example).
'street?' becomes 'st'.
'fir'+'st'='FIRST'
(Other definitions for first that I've seen before include ""Eclipse _____ ..." , "Original" , "Foremost" , "Pre-eminent" , "best" .)