628 Twelfth Street
New Westminster, New Westminster, British Columbia
$1,449,900
- 2,400 sq ft
- Retail
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:67742)
Property details
Building & interior
- Lot size
- 4,079 sq ft
Lot & exterior
- Lot size
- 4079 sq ft
- Zoning
- C-2A
- Utilities
- Water
Strata & taxes
- Lease per unit
- square feet
- Property taxes
- $11,802.58
- Tax year
- 2026
Listed by Greyden Douglas, Oakwyn Realty Ltd.
Book a showing · Call 604-771-6415
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