630 TWELFTH STREET
New Westminster, British Columbia
MLS® C8079919
$1,449,900
- Status
- Active
- Property type
- Retail
- MLS® number
- C8079919
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing 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.
Property summary
- MLS® number
- C8079919
- Property type
- Retail
- Square footage
- 1,000 sq ft
- Land size
- 4079 square feet
- Annual property taxes
- $17,630.65
- Days on market
- 65 days
What would this home cost you?
Based on the $1,449,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Oakwyn Realty Ltd., Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.