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ActiveRetail

$4,500,000

319 GOVERNORS COURT

New Westminster, British Columbia, V3L5S5

Estimated$18,883/mo.Check Eligibility
0Sq Ft
47,876Lot Sq Ft
1878Built

About This Property

Foreclosure alert! Own a true piece of New Westminster history! The iconic "Landmark Building, " formerly part of the historic BC Penitentiary, offers a rare opportunity to secure a one-of-a-kind trophy property. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this ±11,522 SF heritage building presents exciting future redevelopment potential (verify with City), including possible mixed-use with retail or daycare at street level and office units above. Currently generating solid holding income with upper-level tenants in place and a fully licensed restaurant below featuring 134 indoor seats plus a 160-seat patio. Extensive upgrades (mechanical, electrical, and full sprinkler systems) were completed in 1989. Over 40 on-site parking stalls with potential for expansion. A unique investment opportunity blending historic character, stable income, and long-term upside. Private viewings by appointment only. (id:64938)

Quick Info

MLS#

C8076372

Days on Market

27

Listed On

Feb 20, 2026

Aman Nanda

Aman Nanda

Personal Real Estate Corporation

Call Now
Price$4,500,000
MLS#C8076372
StatusActive
Days on Market27
Annual Tax (2025)$66,762

Property Details

Architecture

Property TypeRetail
Year Built1878

Property Features

Lot Size47,876 sq ft
Lot Dimensions47876

Tax / Financial

Annual Tax$66,762 (2025)

Location

Mortgage Calculator

5-Year Fixed
%
%
Loan $3,600,000
Down $900,000
$18,883Principal & Interest
·
$5,564Tax

Your monthly payment

$24,447

Incl. tax & strata

Aman Nanda

Aman Nanda

DLC AIMI Collective Mortgage Group

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319 GOVERNORS COURT

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