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624 TWELFTH Street in New Westminster: West End NW Retail for sale : MLS®# C8021458

624 TWELFTH Street New Westminster V3M 4J4 : West End NW

Main Photo: 624 TWELFTH Street in New Westminster: West End NW Retail for sale : MLS®# C8021458
$949,000
Prop. Type:
Retail, Office
MLS® Num:
C8021458
Status:
Active
Build. Type:
Freestanding
Affordable commercial investment with a retail and residential mix use. Easy to manage with 3 tenants or optional owner use. Combined retail equals 954 sqft with separate 1 bdrm residence in the back and basement storage. Rear lot access with easement on adjoining property. Gross annual rent is $36,120 with potential for additional income from storage space. Higher future residential density encouraged in new City OCP. Do not disturb Tenants. All showings with appointment in advance.
Sale Type:
Asset
Property Type:
Retail, Office
Construction:
Wood Frame, Mixed
Building Type:
Freestanding, Commercial Mix, Street-Level Storefront
Year built:
1930 (Age: 89)
Total Floor Area:
Switch units of measure2,597 sq. ft.
Retail Size:
Switch units of measure954 sq. ft.
Land Use/Zoning:
C-2A
Taxes:
$8,673.46 / 2018
Storefront, Storage
Water Supply:
Municipal
Power Type:
Single Phase
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
Listed by Paramount Realty Ltd.
Listing information last updated on November 16, 2018 at 11:06 AM (UTC)
Mark Cumming
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