319 Governors Court
New Westminster, New Westminster, British Columbia
$4,500,000
- Retail
- Built 1878
About this home
Foreclosure alert! Own a true piece of New Westminster history! The iconic "Landmark Building, " formerly part of the historic BC Penitentiary, offers a rare opportunity to secure a one-of-a-kind trophy property. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this ±11,522 SF heritage building presents exciting future redevelopment potential (verify with City), including possible mixed-use with retail or daycare at street level and office units above. Currently generating solid holding income with upper-level tenants in place and a fully licensed restaurant below featuring 134 indoor seats plus a 160-seat patio. Extensive upgrades (mechanical, electrical, and full sprinkler systems) were completed in 1989. Over 40 on-site parking stalls with potential for expansion. A unique investment opportunity blending historic character, stable income, and long-term upside. Private viewings by appointment only. (id:67742)
Property details
Building & interior
- Lot size
- 47,876 sq ft
Lot & exterior
- Lot size
- 47876 sq ft
- Zoning
- C-2
Strata & taxes
- Lease per unit
- square feet
- Property taxes
- $66,762.03
- Tax year
- 2025
Listed by Vivian Jiang, Royal Pacific Realty Corp.
Book a showing · Call 604-771-6415
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