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47 Sixth St 0.23 Acres of Commercial Land Offered at $5,188,800 CAD in New Westminster, BC V3L 2Z1

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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

A rare corner redevelopment site with the potential to build a unique transit-oriented multi-family development with existing holding income in a mixed-use urban environment within the core of New Westminster. 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.

47 Sixth Street Brochure

PROPERTY FACTS

Price	$5,188,800 CAD	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Condition	Redevelopment Project	Total Lot Size	0.23 AC
No. Lots	1
Zoning	C4 - Downtown Mixed Use District

Price	$5,188,800 CAD
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	0.23 AC
Zoning	C4 - Downtown Mixed Use District

1 LOT AVAILABLE

Lot

Price	$5,188,800 CAD	Lot Size	0.23 AC
Price Per AC	$22,738,845.97 CAD

Price	$5,188,800 CAD
Price Per AC	$22,738,845.97 CAD
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.

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Walk Score®

Walker's Paradise (99)

Transit Score®

Excellent Transit (83)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

(604) 630-3406

CONTACT

Arash Rezai, PREC
Lee & Associates Vancouver

Listing ID: 34189446
Date on Market: 2024-12-13
Last Updated:
Address: 47 Sixth St, New Westminster, BC V3L 2Z1

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47 Sixth St, New Westminster, BC for sale Primary Photo- Image 1 of 2 — Sample Image of Redevelopment Potential

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