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. (id:58426)
| MLS® Number | C8079919 |
| Property Type | Retail |
| Neigbourhood | Kelvin |
| Age | Age Is Unknown |
| Size Interior | 1,000 Sqft |
| Acreage | No |
| Size Irregular | 4079 |
| Size Total | 4079 Sqft |
| Size Total Text | 4079 Sqft |
| Zoning Description | C-2a |
https://www.realtor.ca/real-estate/29954469/630-twelfth-street-new-westminster
Contact us for more information
Greyden Douglas
Personal Real Estate Corporation
(604) 620-6788
(604) 620-7970
www.oakwyn.com/