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628 TWELFTH STREET

New Westminster, BC, V3M4J4

Listed by Oakwyn Realty Ltd.

$1,449,900

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  • 2400 sq ft

Listed 118 days ago · MLS® C8079918

About this home

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:66966)

Details

Type
Retail
Size
2400 sq ft
Property tax
$11,803 (2026)
Municipality
New Westminster

Interior

Fireplace
No

Heating, cooling and services

Utilities
Water

Location

Location is approximate. See nearby homes on the map

Listed by Oakwyn Realty Ltd..

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