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41 6TH STREET, New Westminster, BC V3L2Z1
1/8 8

$189,000

Active

Commercial

973 SqFt

41 6TH STREET, New Westminster, BC V3L2Z1

*Showing by appointment only, do not disturb staff. * This 973 sqft restaurant space offers a prime location on the grou...

Listed by Grand Central Realty

11309 CONFIDENTIAL, New Westminster, BC V0V0V0

$888,000

Active

Commercial

901 SqFt

11309 CONFIDENTIAL, New Westminster, BC V0V0V0

Dental Lab for sale. Rare opportunity. Well equipped and high qualified numerous clients. Very good and steady income. N...

Listed by Evergreen West Realty

12076 CONFIDENTIAL, New Westminster, BC V0V0V0

$280,000

Active

Commercial

1,376 SqFt

12076 CONFIDENTIAL, New Westminster, BC V0V0V0

A rare opportunity to acquire a beautifully renovated restaurant and cafe in the heart of New Westminster. Located in a ...

Listed by RE/MAX Crest Realty

527 6TH AVENUE, New Westminster, BC V3L3B9

$599,000

Active

Commercial

1,240 SqFt

527 6TH AVENUE, New Westminster, BC V3L3B9

Exciting Opportunity! This established Pizza Pizza franchise is now available for purchase-perfect for an ambitious owne...

Listed by YPA Your Property Agent

12021 CONFIDENTIAL, New Westminster, BC V0V0V0

$299,900

Active

Commercial

4,209 SqFt

12021 CONFIDENTIAL, New Westminster, BC V0V0V0

Well established, 107 Seat Pub with Liquor Primary License until 1am in New Westminster! 18 Flat Screen TV's for all of ...

Listed by Sutton Group-West Coast Realty

New Westminster Commercial Real Estate | Commercial Properties for Sale & Lease in New Westminster BC

🏢 New Westminster Commercial Real Estate | Commercial Properties for Sale & Lease in New Westminster BC

New Westminster commercial real estate offers exceptional opportunities in the historic heart of Metro Vancouver. With unparalleled transit access and strategic central location, New Westminster BC provides outstanding commercial real estate opportunities for office users, retailers, and mixed-use developers.

🌟 Why Choose New Westminster Commercial Real Estate?

📍 Central Metro Vancouver Location Transit Hub

New Westminster's central location provides unparalleled transportation access via multiple SkyTrain stations, Highway 1, Queensborough Bridge, and proximity to downtown Vancouver. This strategic positioning makes New Westminster commercial real estate ideal for office users, retailers, and businesses serving the entire Metro region.

🏢 Growing Office & Professional Market

Benefit from New Westminster's expanding office sector including government offices, professional services, healthcare, and corporate headquarters. The city's transit-oriented development and central location support continued growth in New Westminster commercial property values.

🛒 Vibrant Retail & Mixed-Use Corridors

Discover dynamic retail corridors including Columbia Street historic district, Westminster Centre, Sapperton, and emerging mixed-use developments that enhance New Westminster commercial property investment potential.

📈 Economic Growth & Urban Revitalization

Experience steady economic expansion driven by transit investments, waterfront development, and urban revitalization that make investing in New Westminster commercial real estate increasingly attractive.

💰 Competitive Urban Pricing

Access premier urban locations with more competitive pricing than downtown Vancouver while benefiting from excellent transit access, making New Westminster ideal for commercial real estate investment and business expansion.

🔍 Explore Commercial Property Types

📍 New Westminster Commercial Property Types | Find Your Ideal Investment

Discover New Westminster's diverse commercial property opportunities, each offering unique investment potential and business advantages. From office towers to retail storefronts and mixed-use developments throughout New Westminster BC neighborhoods.

🏢 Office Space Office

Property Types: Office towers, professional buildings, medical offices, government offices

Key Locations: Downtown New West, Columbia Street, Sapperton, Westminster Centre

Price Range: $450 - $850 per sq ft (sale) | $22 - $42 per sq ft (lease)

Building Sizes: 500 - 100,000+ sq ft available

Best For: Professional services, government offices, corporate headquarters

🛍️ Retail & Mixed-Use Retail

Property Types: Storefronts, shopping centres, mixed-use developments, restaurant spaces

Key Locations: Columbia Street, Westminster Centre, Sapperton, 12th Street

Price Range: $500 - $950 per sq ft (sale) | $28 - $65 per sq ft (lease)

Building Sizes: 600 - 50,000+ sq ft available

Best For: Retail stores, restaurants, services, entertainment venues

🏗️ Mixed-Use Developments Mixed-Use

Property Types: Integrated residential-commercial, transit-oriented development, waterfront projects

Key Locations: Downtown core, waterfront, Sapperton, Queensborough

Price Range: $550 - $1,000 per sq ft (sale) | $25 - $55 per sq ft (lease)

Building Sizes: 10,000 - 500,000+ sq ft available

Best For: Developers, investors, retail with residential components

📊 Investment Properties Investment

Property Types: Multi-tenant commercial, net lease properties, mixed-use buildings

Key Locations: Throughout New Westminster, transit-oriented locations, major corridors

Cap Rates: 4.2% - 6.5% depending on location, tenant quality, and property type

Investment Range: $800,000 - $40,000,000+

Best For: Investors, portfolio diversification, long-term wealth building

🏗️ Major Commercial & Mixed-Use Areas:

  • Downtown Core: Historic commercial district with office, retail, and mixed-use opportunities
  • Columbia Street: Traditional main street with heritage buildings and revitalized retail
  • Sapperton: Growing transit-oriented community with medical offices and mixed-use development
  • Westminster Centre: Major shopping destination with retail, office, and redevelopment potential
  • Waterfront District: Emerging mixed-use area with premium development opportunities
📊 View Commercial Market Insights

📈 New Westminster Commercial Real Estate Market 2024 | Complete Investor's Guide

The New Westminster commercial property market continues to show strong performance with growing demand for transit-oriented properties. Current market conditions in New Westminster BC favor strategic investors and business owners seeking urban locations with excellent transit access.

🏢 New Westminster Commercial Market Overview 2024

📊 Current Market Conditions

  • Market Type: Balanced to Seller's Market, with high demand for transit-oriented properties
  • Vacancy Rates: Office: 4-7% | Retail: 3-6% | Mixed-Use: 2-5%
  • Average Sale Prices: Office: $450-850/sq ft | Retail: $500-950/sq ft | Mixed-Use: $550-1,000/sq ft
  • Lease Rates: Office: $22-42/sq ft | Retail: $28-65/sq ft | Mixed-Use: $25-55/sq ft
  • Cap Rates: 4.2-6.5% depending on property type, location, and tenant quality

📈 Market Trends & Outlook

  • Transit-Oriented Development: Strong continued demand for properties near SkyTrain stations
  • Urban Revitalization: Ongoing redevelopment of heritage properties and underutilized sites
  • Office Growth: Expansion of government and professional office spaces
  • Mixed-Use Evolution: Growth in integrated residential-commercial projects
  • Investment Interest: Growing institutional and private investor attention

🛠️ Step-by-Step Guide to Commercial Investment in New Westminster

1. 💼 Define Your Investment Strategy

Determine your investment goals - cash flow, appreciation, development, or business operation. Consider property type, location criteria, and budget parameters for New Westminster commercial investments.

2. 📊 Financial Analysis & Due Diligence

Conduct thorough financial analysis including cap rates, cash flow projections, operating expenses, and market comparables. Secure financing pre-approval for New Westminster commercial properties.

3. 🗺️ Location & Property Selection

Evaluate locations based on transit access, walkability, demographics, and future development potential. Consider specific property features and condition for your New Westminster commercial real estate needs.

4. 🤝 Work with Commercial Real Estate Experts

Partner with agents specializing in New Westminster commercial market who understand local dynamics, heritage regulations, and transit-oriented development opportunities.

5. 📝 Negotiation & Acquisition

Develop negotiation strategy based on market conditions, property specifics, and your investment objectives for successful New Westminster commercial property acquisition.

💼 New Westminster Commercial Real Estate Investment Opportunities

  • Transit-Oriented Properties: Premium locations near multiple SkyTrain stations
  • Heritage Redevelopment: Opportunities to revitalize historic commercial properties
  • Mixed-Use Developments: Integrated projects in growing urban neighborhoods
  • Office Buildings: Professional spaces catering to government and corporate users
  • Waterfront Properties: Premium development opportunities along Fraser River

🤝 Ready to Invest in New Westminster Commercial Real Estate?

Contact our local New Westminster commercial real estate experts for personalized property searches, market analysis, and investment insights specific to New Westminster BC.

📞 Contact New Westminster Commercial Realtor Today

❓ New Westminster Commercial Real Estate FAQ | Common Questions

What are the current commercial lease rates in New Westminster?

Current lease rates in New Westminster commercial real estate vary by property type: office spaces $22-42/sq ft, retail locations $28-65/sq ft, and mixed-use properties $25-55/sq ft, offering competitive urban pricing with excellent transit access.

What are the main commercial districts in New Westminster?

The primary commercial districts in New Westminster BC include Downtown core, Columbia Street historic district, Sapperton, Westminster Centre, and the emerging waterfront area, each offering distinct property types and transit-oriented investment opportunities.

Is New Westminster good for commercial real estate investment?

Yes, New Westminster commercial real estate offers strong investment potential with central Metro Vancouver location, multiple SkyTrain stations, urban revitalization, and competitive pricing compared to downtown Vancouver, providing excellent opportunities for investors and business owners.

What types of commercial properties are available in New Westminster?

New Westminster commercial properties include office buildings, retail storefronts, mixed-use developments, heritage commercial properties, medical offices, and investment properties across various price points and transit-oriented locations.

What are the zoning regulations for commercial properties in New Westminster?

New Westminster has comprehensive commercial zoning including Downtown Commercial, General Commercial, Mixed-Use Commercial, and specific guidelines for heritage conservation and transit-oriented development. Specific regulations vary by location and property type within New Westminster BC commercial districts.

Are there incentives for commercial development in New Westminster?

Yes, New Westminster offers various development incentives, density bonusing, heritage revitalization programs, and streamlined approval processes to encourage commercial investment in New Westminster, particularly in transit-oriented areas and for heritage conservation projects.