2,600 ft²Retail / Land$2,088,000Sale
2,600 ft²
Retail / Land
$2,088,000
Sale
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Queensborough, located in New Westminster, is a vibrant community known for its thriving spirit and strategic location. Nestled along the Fraser River, it offers a unique blend of residential charm, diverse amenities, and easy access to major transportation routes. With ongoing development projects, Queensborough is poised for growth, making it an appealing destination for families and businesses seeking a dynamic and welcoming environment.
The Property
Asking Price$2,088,000
Available Space2,600 ft²
Net Operating Income$48600
Property UseIndustrial / Investment property / Retail
SourceDirect
24hr Access
Balcony
Bike Friendly
Bus Line
Corner Lot
Emergency Lighting
Fenced Lot
Full Floor
Hardwood Floors
Highway Access
Kitchen Facilities
Natural Light
Transit Friendly
The Lot
This strategically located building in Queensborough offers a rare investment blend of immediate income stability and future growth potential. With a long-term tenant operating a daycare, it ensures reliable cash flow. Situated in an area designated for medium-density development in the Official Community Plan (OCP), this property is poised for various development possibilities, benefiting from the thriving community and ongoing neighborhood growth. Queensborough's strategic location and evolving infrastructure make this investment opportunity compelling for investors, developers and entrepreneurs alike. For inquiries or viewings, please contact Savvi today to be part of Queensborough's dynamic growth story.
Property TypeRetail / Land
Floors2
Building Size2,800 ft²
Lot Size6,600 ft²
Taxes$4,360/yr
MLS® IDC8054646
Zoningm1
Year Built1930
Ceiling Height20'0"
Parking Spaces4
Retail Portion2,000 ft²
Mezzanine Portion1,000 ft²
Private Restrooms2
Construction Statuscomplete
Net Operating Income$48,600/yr
Up to $500K for British Columbia businesses
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