816 Twelfth Street

For Sale | Retail | ± 4,092 SQFT | $2,298,000
Overview

William Wright Commercial is excited to present the opportunity to acquire a mixed-use freestanding building located in the emerging New Westminster market at 816 – 12th Street. The subject property features street frontage with great visibility and street parking allowing for added ease in accessing to and from the building. Additionally, the property contains a clean Environmental phase 1 & 2 which were coordinated in 2014. Located in one of the most dynamically transitioning neighborhoods rich in history and filled with new trendy places to live and shop, this property would be ideal for owner-occupiers and investors.

Details
Status

For Sale

Address

816 Twelfth Street, New Westminster,
Canada

Size

± 4,092 SQFT

Type

Retail

Price

$2,298,000

Property Taxes

$11,700.06

PID

007-328-672

Zoning

C-2A

Legal Description

Lot 9 Sub Block12 Plan NWP4325 Land District 1 Land District 36

Location

Over the past 25 years, New Westminster has experienced a steady population growth of 43,585 in 1991 to 70,996 people in 2016 (Statistics Canada, 1991 and 2016 Censuses), which is an increasing growth rate of nearly 63%. New Westminster’s population growth has driven 12,626 new housing units in the neighbourhood.


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Nathan Armour
Nathan Armour

Personal Real Estate Corporation

Team Leader - New West 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.