Commercial Real Estate in BC

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FLR1 713 Columbia Street
Downtown NW New Westminster V3M 1B2

$2,980,000
Office, Retail

Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8079733
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.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Strata
Property Type:
Office, Retail
Commercial Type:
Office
Construction:
Concrete Block
Name of Complex/Subdivision:
Westminster Building
Home Owners Association:
Yes
Living Area:
6,494 sq. ft.
Subject Space Depth:
3646'
Subject Space Width:
2186'
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
002329255
Taxes:
$40,980.26 / 2025
No
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$2,716.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Hugh & McKinnon Realty Ltd.
Data was last updated June 18, 2026 at 07:35 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.