MLS® C8069349

Retail for Sale — New Westminster, BC

$828,000

2A 709 TWELFTH STREET, New Westminster, BC V5J4R6

92
Walk Score
59
Transit
73
Bike
Walk Score® by Redfin
For Sale
1,145 square feet
Floor area
2012
Year built
92
Walk Score
59
Transit
73
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
C-2B
Annual property tax
$11,077.44 (2024)
Strata/association fee
$559.92/monthly

Listing Information

MLS®
C8069349
Listed
May 21, 2025
Time on market
482 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Rare find! Fantastic unit ' 1,137 SQFT, fully renovated with A/C. Small kitchenette, washroom, 2 parking, and 1 private large storage room included! The unit is currently being used as a high-end nail salon. The bathroom features LED lighting, HVAC, alarm system, and security cameras with monitor. Very convenient location in New Westminster. Great opportunity to own your own commercial unit or investment! (id:63159)

Financing calculator

Estimate your monthly payment on the $828,000 asking price.

Financing details
Monthly debt service
$8,037
Cash required at close
$190,600
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (New Westminster)

Population
78,916(+11.2% since 2016)
Population density
5,052.2/km²
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
35.1%
Postsecondary below bachelor's
28.2%
High school diploma
26.4%
No certificate/diploma
10.4%

Population aged 15 and over.

Commute

Car, truck or van
68.3%
Public transit
22.5%
Walked
6.3%
Bicycle
0.9%
Other
2.0%

Commute duration

Under 15 min
16.7%
15–29 min
33.3%
30–44 min
28.6%
45–59 min
12.8%
60+ min
8.5%

Employed labour force with a usual workplace.

Mother Tongue

English57.1%
Tagalog (Pilipino, Filipino)4.2%
Mandarin3.8%
Punjabi (Panjabi)3.6%
Yue (Cantonese)3.4%
Spanish2.4%
Korean1.8%
Portuguese1.7%
Russian1.3%
French1%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Wild Thyme · 705 Twelfth Street61m
  • Amelia Restaurant109m
  • Pho 99128m
  • Shiok Canteen155m
  • D Roti Shak · 808 Twelfth Street186m

Cafes (5+)

  • Sago To Go · 813 Twelfth Street204m
  • Happy Mom's Cafe · 821 Twelfth Street226m
  • Kamini's Corner Cafe · 909 Twelfth Street408m
  • You N Me' Cafe · 921 Twelfth Street484m
  • Connections Café531m

Grocery (3)

  • Gospa's Delightful Food · 718 Twelfth Street59m
  • Save-On-Foods728m
  • Langley Farm Market · 7815 Kingsway746m

Shopping (2)

  • Walmart705m
  • Winners784m

Parks (3)

  • Moody Park459m
  • Riverside Adventure Park551m
  • Mary Avenue Park744m

Gyms (1)

  • Anytime Fitness671m

Pharmacies (1)

  • PharmaChoice · 866 Twelfth Street362m

Banks & ATMs (1)

  • Community Savings Credit Union126m

Healthcare (5+)

  • Clinic on 12th · 866 Twelfth Street355m
  • London Eye Centre · 918 Twelfth Street411m
  • Gemini702m
  • West Coast Medical Imaging737m
  • Vision Loss Rehabilitation Canada747m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Northbound 12 St @ 7th Ave59m
Southbound 12 St @ 7th Ave113m
Southbound 12 St @ 8th Ave114m
Eastbound 8th Ave @ 12 St133m
Westbound 8th Ave @ 12 St147m
Northbound 12 St @ Nanaimo St164m

Other commercial property types for sale in New Westminster

Frequently asked questions

What is the asking price for this business?

The asking price is $828,000.

Where is this business located?

This listing is located in New Westminster, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.