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640 TWELFTH STREET
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640 TWELFTH STREET $2,088,000
$2,088,000
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640 TWELFTH STREET
New Westminster, British Columbia V3M4J4

MLS® Number: C8073042

Listing Description

Excellent corner lot building location within a close radius of parks, shopping center, restaurants, bus stop and skytrain. Good shape, well maintained free standing retail commercial / residential building contains restaurant (main floor front), residential area in rear part of main floor & 2 bedroom suite (upper floor) with separate entrance, one single garage, and basement. Basement can be used for storage & accessory space as an office or break room for restaurant staff but need to obtain all necessary building, plumbing or electrical permits from City. Main floor front is leased for restaurant business with a lease up to April 30, 2027 + option for another 2 years. Residential part with two bedrooms currently is rented in month to month. Basement is vacant. Potential development lot at 61.88'(frontage) x 66.01'(depth) with free standing retail commercial / residential building is be good for investment or hold for redevelopment. Property is "sold as is, where is". PRICE TO SELL! BE Quick! (37070476)

Property Summary

Property Type
Retail
Land Size
4084 sqft
Annual Property Taxes
$14,645.50
Time on REALTOR.ca
60 days

Building

Building Features
Building Amenities
Street Lighting
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available), Sewer (Available)

Land

Lot Features
Fencing
Fenced yard
Other Property Information
Zoning Description
C-2A
Data provided by: Greater Vancouver REALTORS®
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778-869-6082
Jackson K.M. Yeung