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702 TWELFTH Street in New Westminster: West End NW Commercial for sale : MLS®# C8002378

702 TWELFTH Street New Westminster V3M 4J6 : West End NW

Main Photo: 702 TWELFTH Street in New Westminster: West End NW Commercial for sale : MLS®# C8002378banner
$1,050,000
Prop. Type:
Retail
MLS® Num:
C8002378
Status:
Sold
Build. Type:
Freestanding

Free Standing Retail, fully Leased to Single Long term tenant!

This property is located at the intersection of Twelfth St. and Seventh Ac Ave. It is within busy commercial district and is surrounded by high density residential area with large pedestrian exposure.

The property closes to public transportation, schools, parks, etc. The Lot size is 65 Ft. X 91 Ft., approx. 6,072 SF, with a freestanding commercial building at approx. 4,072 SF. Fully lease to a good long term tenant, gross rent at 4,500 per month (approx. $40,000 net income per year).

Currently under C-2A (community commercial dist) zoning, allows variety of commercial usage. Has potential to build four-storey commercial building. Good property for holding or for development.

Please do not disturb the Tenant.

Price:
$1,050,000
Property Type:
Retail
MLS® Num:
C8002378
Status:
Sold
Data was last updated August 23, 2019 at 11:10 PM (UTC)
RAYMOND LEUNG

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