628 TWELFTH STREET, New Westminster, BC V3M4J4

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Additional details
Nader Bakhoum,PMP, P.Eng.

Nader Bakhoum,PMP, P.Eng.

+1(604) 612-7228
$ 1,449,900
Est. payment | /mo

2,400 SqFt

Save
$ 1,449,900
Est. payment | /mo
Save

2,400 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2400

Square Footage 2,400 sqft

Price per Sqft $604

MLS® Listing ID C8079918

Lot Size 4,079 Sqft

Acres 4079.0

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 630 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 630 Twelfth Street. All tenancies are month-to-month. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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628 TWELFTH STREET