640 TWELFTH STREET
New Westminster, British Columbia
MLS® C8073042
$1,988,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8073042
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing description
Excellent corner lot building location within a close radius of parks, shopping center, restaurants, bus stop and skytrain. Good shape, well maintained free standing retail commercial / residential building contains restaurant (main floor front), residential area in rear part of main floor & 2 bedroom suite (upper floor) with separate entrance, one single garage, and basement. Basement can be used for storage & accessory space as an office or break room for restaurant staff but need to obtain all necessary building, plumbing or electrical permits from City.
Main floor front is leased for restaurant business with a lease up to April 30, 2027 + option for another 2 years. Residential part with two bedrooms currently is rented in month to month. Basement is vacant.
Potential development lot at 61. 88'(frontage) x 66. 01'(depth) with free standing retail commercial / residential building is be good for investment or hold for redevelopment.
Property is "sold as is, where is". PRICE TO SELL! BE Quick!
Property summary
- MLS® number
- C8073042
- Property type
- Retail
- Land size
- 4084 square feet
- Annual property taxes
- $14,645.50
- Days on market
- 320 days
What would this home cost you?
Based on the $1,988,000 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 Royal Pacific Realty (Kingsway) 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.