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47 Sixth St
New Westminster, BC V3L 2Z1
Land For Sale · 0.23 AC
Investment Highlights
- Existing 12,750 SF commercial building with holding income
- Allowable density up to 5.2x FSR
- Located in New Westminster’s downtown core, surrounded by an abundance of amenities, including Safeway, River Market, and Scotiabank
- Exceptional transit-oriented location between two SkyTrain Stations – Columbia Station (3-minute walk) and New Westminster Station (5-minute walk)
Executive Summary
PROPERTY FACTS
Sale Type | Investment | Property Type | Land |
Sale Conditions | Redevelopment Project | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 0.23 AC |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.23 AC |
1 Lot Available
Lot
Price | $3,648,945 USD | Lot Size | 0.23 AC |
Price Per AC | $15,990,749 USD |
Price | $3,648,945 USD |
Price Per AC | $15,990,749 USD |
Lot Size | 0.23 AC |
A rare corner redevelopment site with the potential to build a unique transit-oriented multi-family development. The Property offers an existing density of 5.2x FSR upon redevelopment.
Description
Located at the intersection of Sixth Street and Carnarvon Street, the Property offers an existing density of 5.2x FSR upon redevelopment. A massing study has been performed, illustrating a multi-family redevelopment scheme of over 50,000 square feet. Situated in between two SkyTrain Stations within New Westminster’s downtown waterfront district, the Property benefits from its proximity to all of New Westminster’s best amenities and its accessibility throughout the Lower Mainland.
zoning
Zoning Code | C4 (Downtown Mixed Use District) |
C4 (Downtown Mixed Use District) |