640 TWELFTH STREET, New Westminster

2025-10-16
 

Quick Summary

Location
640 TWELFTH STREET, New Westminster, British Columbia V3M4J4
Price
$2,088,000 CAD
Status:
For Sale
Property Type:
Retail
Video Link:

MLS®#C8073042

Property Description

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:32467)

Property Features

Building

  • Amenities: Street Lighting
  • Fireplace: No

Land

  • Land Size: 4084 sqft

Zoning

  • Description: C-2A

Information entered by Royal Pacific Realty (Kingsway) Ltd.
Listing information last updated on: 2025-10-18 00:03:24


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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