640 TWELFTH STREET, New Westminster

2025-10-16

640 TWELFTH STREET, New Westminster, British Columbia

For Sale Retail

$1,988,000

MLS®#C8073042

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)

Building	Retail
Rooms
Bedrooms
Bathrooms	0
Square Footage	0 ft²
Built in
Parking Type
Neighbourhood	New Westminster

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

Slide to select your home's price

$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings^†

$500,000

^† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

Send a Message

One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal

Barb Flesher

REALTOR®

barbflesher@gmail.com

(778) 228-1153

Support Area:
Port Moody,Pitt Meadows,Coquitlam,Port Coquitlam,North Burnaby,Maple Ridge,New Westminster

As a member of the Medallion Club for the past 18 years (Top 10% Realtors in the Real Estate Board of Greater Vancouver), I consider myself an expert in the field. I would be pleased to assist you in the sale, or purchase, of your home. I have lived in...

Full Profile