416 Columbia St
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416 Columbia St
3,500 SF 100% Leased Retail Building New Westminster, BC V3L 1B1 $1,430,188 USD ($409 USD/SF)
Investment Highlights
- Three stories of commercial units
- Value add potential
- Close proximity to Columbia Skytrain, the newly renovated Pier Park, and historic Columbia Street
- Three dedicated parking stalls for convenience
- Future redevelopment potential
Executive Summary
Opportunity to acquire a centrally located freestanding building in historic downtown New Westminster.
This prime property, situated directly across from the Columbia SkyTrain station, offers exceptional accessibility and is mere minutes away from the newly renovated Pier Park. It is surrounded by a plethora of local amenities, including public spaces, retail shops, restaurants, and cafes, enriching the vibrant neighborhood.
This prime property, situated directly across from the Columbia SkyTrain station, offers exceptional accessibility and is mere minutes away from the newly renovated Pier Park. It is surrounded by a plethora of local amenities, including public spaces, retail shops, restaurants, and cafes, enriching the vibrant neighborhood.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,500 SF
Building Class
B
Year Built
1980
Price
$1,430,188 USD
Price Per SF
$409 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Zoning
C-8 - LOT J, BLOCK 7, PLAN NWP19567, GROUP 1, NEW WESTMINSTER LAND DISTRICT, OF LOT 3
Frontage
55 FT on Columbia St
Amenities
- Bus Line
- Metro/Subway
- Signage
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (82)
Nearby Major Retailers
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416 Columbia St
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