1 / 18$2,099,990
416 COLUMBIA STREET, New Westminster BC V3L 1B1
Building Size
3,000 sqft
Lot Size
2,178 sqft
Sub-type
Retail
Zoning
C-8
Year Built
1947
Description
Prime mixed-use investment opportunity in Downtown New Westminster offering strong cash flow and future redevelopment upside. The property comprises approximately 3,000 sq. ft. of total leasable area and features a diverse tenant mix, including a vape shop, tattoo shop and a distinctive coffee shop, all operating under gross lease. The asset benefits from under-market rents and is zoned C-8, allowing for high-rise redevelopment, making it well suited for investors seeking income today with long-term value appreciation. Strategically located along Columbia Street in New Westminster, with high pedestrian traffic, excellent SkyTrain access, and attractive water views, enhancing appeal for both commercial tenants and future development.
Location
416 COLUMBIA STREET, New Westminster BC V3L 1B1
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