West End NW · New Westminster · BC
640 Twelfth Street
Retail · For sale
Asking
$1,988,000
MLS® C8073042
- Lot
- 3,920.4 sqft
The property
Excellent corner lot building location within a close radius of parks, shopping center, restaurants, bus stop and skytrain. Good shape, well maintained free standing retail commercial / residential building contains restaurant (main floor front), residential area in rear part of main floor & 2 bedroom suite (upper floor) with separate entrance, one single garage, and basement. Basement can be used for storage & accessory space as an office or break room for restaurant staff but need to obtain all necessary building, plumbing or electrical permits from City. Main floor front is leased for restaurant business with a lease up to April 30, 2027 + option for another 2 years. Residential part with two bedrooms currently is rented in month to month. Basement is vacant. Potential development lot at 61.88'(frontage) x 66.01'(depth) with free standing retail commercial / residential building is be good for investment or hold for redevelopment. Property is "sold as is, where is". PRICE TO SELL! BE Quick!
Facts & features
Costs
- Gross taxes (2025)
- $14,646
The property
- Title
- Freehold
- Zoning
- C-2A
- Storeys
- 2
- Heating
- See Remarks
Listed by Royal Pacific Realty (Kingsway) Ltd.
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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