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$3,550,000
Est. payment /mo
6,494 SqFt
UPDATED:
09/23/2024 04:02 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,494 sqft
Price per Sqft $546
Subdivision Downtown Nw
MLS Listing ID C8063171
Annual Tax Amount $36,335
Tax Year 2023
Property Description
Carefree triple net investment in prime location. The historic Westminster Building is located at the central corner of New Westminster Downtown revival and has been the commercial and professional landmark building for over a century. The property has been upgraded many times and was strata titled into 8 lots in the mid-1980s. The FIRST floor features terra cotta exterior. The property is fully tenanted with strong tenants on triple net leases. All common and exterior areas are managed by a professional management firm hired by the strata council and all interior expenses are covered by triple net leases. This is a rare opportunity to own the 1st floor of a landmark building.
Location
State BC
Community Downtown Nw
Area New Westminster
Building/Complex Name Westminster Building
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Office,Retail
Structure Type Concrete Block
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Listed by Hugh & McKinnon Realty Ltd.