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416 COLUMBIA STREET, New Westminster BC V3L 1B1 - Photo 11 / 18

$2,099,990

416 COLUMBIA STREET, New Westminster BC V3L 1B1

Commercial SaleMLS# C8077395

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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MLS® data provided by the Fraser Valley Real Estate Board and Greater Vancouver REALTORS®. Not intended to solicit properties already listed.