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800 TWENTIETH Street
Connaught Heights New Westminster V3M 4W6

$6,500,000
Land Commercial, Retail

Main Photo: 800 TWENTIETH Street in New Westminster: Connaught Heights Land Commercial for sale : MLS®# C8058387
Photo 1: 800 TWENTIETH Street in New Westminster: Connaught Heights Land Commercial for sale : MLS®# C8058387
Photo 2: 800 TWENTIETH Street in New Westminster: Connaught Heights Land Commercial for sale : MLS®# C8058387
Photo 3: 800 TWENTIETH Street in New Westminster: Connaught Heights Land Commercial for sale : MLS®# C8058387
Status:
Active
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8058387
Build. Type:
Freestanding
800-Twentieth a fully leased property with 10 tenants is available for sale. Less than 300m from 22nd station and situated along an arterial street in New West. This rare Twentieth Street retail commercial property has a healthy income (NOI 4.1% cap) and is turn key for an investor. Development potential in the upcoming future with the City reviewing the OCP and the close proximity to the train for BC's Transit Oriented Development policy. Potential Land Assembly. CONW OCP: https://www.beheardnewwest.ca/22ndst
Sale Type:
Asset
Lease Type:
Gross
Construction:
Other
Building Type:
Freestanding, Street-Level Storefront, Strip Mall
Name of Complex/Subdivision:
# Other Units:
# Storeys:
1.0
Year built:
1919 (Age: 105)
Total Floor Area:
10,478 sq. ft.
Lot Area:
16,113 sq. ft.
Lot Depth:
84
Lot Frontage:
185'
Land Use/Zoning:
C-1
Permitted Use:
Office, Retail
Taxes:
$56,567.95 / 2023
Storefront, Visitor Parking
Services Connected:
Electricity, Garbage Collection, Lane Paved, Sewer - Storm, Street Lighting
Water Supply:
Municipal
HVAC:
Electric, Mixed
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 800 TWENTIETH Street in New Westminster: Connaught Heights Land Commercial for sale : MLS®# C8058387
    Photo 1 of 3
  • Photo 2: 800 TWENTIETH Street in New Westminster: Connaught Heights Land Commercial for sale : MLS®# C8058387
    Photo 2 of 3
  • Photo 3: 800 TWENTIETH Street in New Westminster: Connaught Heights Land Commercial for sale : MLS®# C8058387
    Photo 3 of 3
Listed by Jovi Realty Inc.
Data was last updated May 9, 2024 at 12:05 AM (UTC)
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