Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type Asset

MLS Listing ID C8078494

Year Built 1901

Lot Size 7,405 Sqft

Property Sub-Type Retail

Property Description

Court Ordered sale. Opportunity to acquire a stand alone, retail single-tenant building – constructed in 1901 – on a 4,951 sq.ft. lot, and an adjacent, vacant paved lot totaling 2,316 sq.ft.. The building has a gross leasable area of approximately 4,644 sq.ft., and is home to the Old Bavaria Haus Restaurant. The adjacent lot is utilized for garbage collection and parking (there are 8 designated spaces). The two properties are separated by a city laneway. The building parcel is zoned C-2 and the vacant lot is zoned CP-1. The building is in serviceable condition, suitable for continued retail-restaurant use while offering longer term repositioning or redevelopment potential. The City of New Westminster designates the property as “Residential – Multiple Unit Buildings” in the city's Official Community Plan, allowing for a mix of small to moderate sized medium density multiple unit residential buildings. The properties are being sold as-is-where-is and all offers are subject to court approval.

Location

Province BC

Community Queens Park

Area New Westminster

Zoning C2

Exterior

Roof Type Asphalt

Total Parking Spaces 8

Building

Sewer Public Sewer

Water Public

Others

Restrictions None Known

Ownership Freehold

233 Sixth ST New Westminster, BC V3L 3A5

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Nader Bakhoum,PMP, P.Eng.

Key Details

Location

Exterior

Building

Others

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233 Sixth ST