Must-See! This impressive freestanding office building spans approximately 25,183 sqft and is ideally situated on a generous lot of approximately 20,889 sqft in the heart of Uptown New Westminster. Its prime location on Seventh St, between 5th Ave and 6th Ave, places it just one block away from the bustling Royal City Centre. Surrounded by a vibrant array of retail establishments and office towers, this property enjoys excellent exposure. Under C-3 zoning and with a mixed-use high-rise Official Community Plan (OCP), this property holds immense potential. Moreover, the neighboring property, 616-640 Sixth Street, New Westminster, located across the road, has received conditional rental-market composition approval for a 7.41 floor area ratio (FAR) and is ready for demolition. This presents a remarkable opportunity for redevelopment. Currently, the building has long-term multiple tenants occupied, 0% vacancy, resulting in an approximate annual net income for 2022 of $350,000. This makes it an outstanding investment property with significant potential for future growth. Do not miss the chance to explore this property, as it offers an excellent investment opportunity with substantial redevelopment prospects. (NDA is required for more details)