A rare value add and development opportunity in the booming New Westminster market. A full city block, this +/- 34,696 SQFT site improved with a +/- 51,122 SQFT building plus 56 surface parking stalls offers a great revenue income property plus the prospect of a future mixed use development of over +/- 104,000 of buildable SQFT. The sale also includes the rights to +/- 76 underground parking stalls revenue and expenses located in the neighbouring tower.
Sold
625 Fifth Ave & 513 Seventh Ave, New Westminster,
Canada
± 34,696 SQFT
Development Land
$18,900,000
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.
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