ActiveRetail

$1,988,000

640 TWELFTH STREET

New Westminster, British Columbia, V3M4J4

Estimated$8,342/mo.Check Eligibility
0Sq Ft
4,084Lot Sq Ft

About This Property

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! (id:64938)

Quick Info

MLS#

C8073042

Days on Market

153

Listed On

Oct 16, 2025

Aman Nanda

Aman Nanda

Personal Real Estate Corporation

Call Now
Price$1,988,000
MLS#C8073042
StatusActive
Days on Market153
Annual Tax (2025)$14,646

Property Details

Architecture

Property TypeRetail

Property Features

Lot Size4,084 sq ft
Lot Dimensions4084

Tax / Financial

Annual Tax$14,646 (2025)

Location

Mortgage Calculator

5-Year Fixed
%
%
Loan $1,590,400
Down $397,600
$8,342Principal & Interest
·
$1,220Tax

Your monthly payment

$9,563

Incl. tax & strata

Aman Nanda

Aman Nanda

DLC AIMI Collective Mortgage Group

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640 TWELFTH STREET

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Listing provided courtesy of Royal Pacific Realty (Kingsway) Ltd.

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