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$ 1,449,900
Est. payment | /mo
3,920 Sqft Lot
$ 1,449,900
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079919
Lot Size 3,920 Sqft
Property Sub-Type Retail
Property Description
A rare C2-zoned holding property in one of New West's strongest growth corridors. The building features a newly renovated restaurant space alongside a separate, self-contained residential unit — fully leased and income-producing on month-to-month tenancies, giving an investor flexibility to hold and collect now or move toward redevelopment on their own timeline. The real upside is the land. Offered in conjunction with the adjacent 628 Twelfth Street, the combined site assembles approximately 62 feet of frontage — a development-scale parcel with potential for a 4 storey mixed-use or multifamily residential building, subject to City of New Westminster approvals. Build, hold, or land-bank in a walkable, transit-friendly location close to shops, dining, and amenities. Must be sold in conjunction with 628 Twelfth Street. All tenancies are month-to-month.
Location
Province BC
Community West End Nw
Area New Westminster
Zoning C-2A
Exterior
Roof Type Asphalt,Torch On
Building
Story 1
Others
Ownership Freehold
Schools and Properties Nearby
Learn More About LPT Realty
Karan Kundhal PREC*
Agent | License ID: 188983