416 Columbia Street

For Sale | Retail | ± 3,500 SQFT | $2,060,000
Overview

Opportunity to acquire a centrally located freestanding building in historic downtown New Westminster.

This prime property, situated directly across from the Columbia SkyTrain station, offers exceptional accessibility and is mere minutes away from the newly renovated Pier Park. It is surrounded by a plethora of local amenities, including public spaces, retail shops, restaurants, and cafes, enriching the vibrant neighborhood.

Key Features

  • Three Stories of Commercial Units: The main floor features a commercial unit with an entrance on Columbia Street. The second-floor houses three units, complete with a kitchenette and washroom facilities. The lower level is occupied by a coffee-roasting cafe business facing Front Street.
  • Unique Architectural Charm: The building showcases heritage-inspired elements, such as high ceilings and brick wall architecture, embodying the historic essence of Downtown New Westminster.
  • Natural Light & Visibility: Large windows throughout the building ensure ample natural light and enhance the property’s high visibility.
  • Dedicated Parking: Includes three dedicated parking stalls for convenience. Strategic Location: Its proximity to the SkyTrain station and local attractions, coupled with the area’s historic allure, make this property a coveted location.

This property presents a rare opportunity to invest in a piece of New Westminster’s rich heritage while benefiting from its modern urban appeal.

Building Highlights

  • Three stories of commercial units
  • Three dedicated parking stalls for convenience
  • Value add potential
  • Future redevelopment potential
  • Close proximity to Columbia Skytrain, the newly renovated Pier Park, and historic Columbia Street

Details
Status

For Sale

Address

416 Columbia Street, New Westminster,
Canada

Size

± 3,500 SQFT

Type

Retail

Price

$2,060,000

Property Taxes

$13,360.11

PID

001-059-181

Zoning

C-8

Legal Description

LOT J, BLOCK 7, PLAN NWP19567, GROUP 1, NEW WESTMINSTER LAND DISTRICT, OF LOT 3

Location

Experience the charm and allure of historic downtown New Westminster, BC, while enjoying the many advantages it offers as a thriving business hub. Located on the picturesque banks of the Fraser River, this dynamic community is a perfect blend of modern amenities and historic charm, making it a highly sought-after location for business owners. The bustling downtown core boasts a diverse array of businesses, restaurants, and shops, all within walking distance of the Columbia SkyTrain station, providing easy access to Vancouver and surrounding areas. Explore landmarks such as New Westminster City Hall and Westminster Pier Park and take advantage of the vibrant business community and growing residential population.


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Nathan Armour
Nathan Armour

Personal Real Estate Corporation

Team Leader - Tri-Cities Office

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.