640 Twelfth Street
New Westminster, New Westminster, British Columbia
$1,988,000
- Retail
About this home
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! (id:67742)
Property details
Building & interior
- Lot size
- 4,084 sq ft
- Building features
- Street Lighting
Lot & exterior
- Lot size
- 4084 sq ft
- Fencing
- Fenced yard
- Zoning
- C-2A
- Utilities
- Sewer, Natural Gas, Electricity, Cable, Telephone
Strata & taxes
- Lease per unit
- square feet
- Property taxes
- $14,645.50
- Tax year
- 2025
Listed by Jackson K.M. Yeung, Royal Pacific Realty (Kingsway) Ltd.
Book a showing · Call 604-771-6415
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