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628 TWELFTH STREET, New Westminster
2026-06-26
Quick Summary
- Location
- 628 TWELFTH STREET, New Westminster, British Columbia V3M4J4
- Price
- $1,449,900
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 2400 sqft
MLS®#C8079918
Property Description
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:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 2400 sqft
Land
- Land Size: 4079 sqft
Zoning
- Description: C-2A
Information entered by Oakwyn Realty Ltd.
Listing information last updated on: 2026-06-25 20:03:58
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Barb Flesher REALTOR®
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- Email:
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- Support Area:
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As a member of the Medallion Club for the past 18 years (Top 10% Realtors in the Real Estate Board o ...
Full ProfileBetty Fricker Personal Real Estate Corporation
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- (604) 762-8428
- Email:
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- Support Area:
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Full ProfileMike Skvortsov Personal Real Estate Corporation
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- (604) 644-6430
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- miskvortsov@gmail.com
- Support Area:
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You can save thousands $$$$$$ when buying or selling your home using Mike's marketing system: ...
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