Business for Sale — New Westminster, BC
$370,000
511 COLUMBIA STREET, New Westminster, BC V3L1B2
Property details
Structured details
- Zoning
- C-8
- Lot dimensions
- 6618
Listing Information
- MLS®
- C8081911
- Listed
- September 10, 2026
- Time on market
- 4 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
This 3,700 sq ft unit features impressive 20-foot high ceilings and is well-suited for uses such as dance, fitness, martial arts, or yoga. The space offers three spacious rooms, an office, a kitchen, storage area, 2 washrooms, change rooms, and two dedicated parking stalls. Conveniently located in the heart of New Westminster, it is steps from a wide range of amenities, the SkyTrain, and Westminster Station. (id:63159)
Financing calculator
Estimate your monthly payment on the $370,000 asking price.
Financing details
- Monthly debt service
- $3,591
- Cash required at close
- $99,000
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Patsara · 528 Carnarvon Street79m
- Sushi Yen · 41 Sixth Street107m
- Pizzeria Ludica · 601 Carnarvon Street164m
- Pizza Heaven · 81 Sixth Street234m
- Royal Tandoori · 83 Sixth Street240m
Cafes (5+)
- Afterhours Cafe · 42 Sixth Street137m
- Chatime · 51 Sixth Street140m
- Coasters Coffee · Sixth Street148m
- Cocoaro · Victoria Street160m
- Moodswing · 655 Front Street237m
Grocery (4)
- Gastronomia Italia · 601 Columbia Street125m
- Safeway · 800 Carnarvon Street505m
- Mahtot East Africa Market · 218 Sixth Street657m
- Persian Baanou Supermarket · 222 Sixth Street667m
Shopping (2)
- River Market · 810 Quayside Drive545m
- Shops at New West570m
Parks (5+)
- Westminster Pier Park140m
- Tipperary Park476m
- Saint Mary's Park506m
- Toronto Place Park556m
- Albert Crescent Park601m
Gyms (5+)
- Sea2Sky Wellness Club · 428 Columbia Street77m
- Sugarrays100m
- Fit on 6th · 49 Sixth Street120m
- EZfit · 606 Victoria Street181m
- Vive la Vida191m
Pharmacies (3)
- Guardian · 424 Columbia Street88m
- Shoppers Drug Mart · 811 Columbia Street535m
- Imperial Pharmacy · 981 Carnarvon Street674m
Banks & ATMs (5+)
- Manulife ATM66m
- Bitcoin ATM Localcoin · 411 Columbia Street100m
- Bitcoin ATM Coinsite · 663 Columbia Street235m
- Waves - Columbia - Bitcoin Well ATM · 715 Columbia Street330m
- Scotiabank337m
Healthcare (5+)
- ForeMed Medical Clinic · 420 Columbia Street96m
- Basic Health & Wellness · 552 Columbia Street102m
- Dr. Tanya Elez · 552 Columbia Street107m
- Michelle Srdanovic · 552 Columbia Street108m
- New Westminster Health, Beauty & Technology Centre · 661 Columbia Street245m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Columbia St @ 6th St | 73m | |
| Columbia Station @ Bay 1 | 97m | |
| Columbia Station @ Platform 2 | 102m | |
| Columbia Station @ Platform 1 | 106m | |
| Columbia Station @ Bay 3 | 140m | |
| Westbound 6th St @ Carnarvon St | 146m |
Other business categories in New Westminster
View all in New Westminster →Other business categories
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Frequently asked questions
What is the asking price for this business?
The asking price is $370,000.
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.