William Wright Commercial is proud to present the opportunity to acquire a mixed-use freestanding building in the heart of New Westminster. This busy commercial corridor located on 12th Street provides the surrounding residential homes with an easily accessible shopping district providing a walk score of 80/100. The subject property has a clean phase two from 2014 and the commercial tenant’s lease expires on December 31, 2023. This building is perfect for an owner-operator looking to expand their operations or an investor looking for a great holding property.
Mixed-Use Freestanding Building
816 Twelfth Street, New Westminster,
± 4,092 SQFT
Lot 9 Sub Block12 Plan NWP4325 Land District 1 Land District 36
Over the past 25 years, New Westminster has experienced steady population growth, increasing from 43,585 in 1991 to 70,996 people in 2016 (Statistics Canada, 1991 and 2016 Censuses), a growth rate of nearly 63%. This strong population growth has driven housing starts, with 12,626 new housing units added over the same period.
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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