Office for Sale — New Westminster, BC
$2,980,000
FLR1 713 COLUMBIA STREET, New Westminster, BC V3M1B2
Property details
Structured details
- Zoning
- C-8
- Annual property tax
- $40,980.26 (2025)
- Strata/association fee
- $2,716/monthly
Listing Information
- MLS®
- C8079733
- Listed
- June 18, 2026
- Time on market
- 88 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
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. (id:63159)
Financing calculator
Estimate your monthly payment on the $2,980,000 asking price.
Financing details
- Monthly debt service
- $28,924
- Cash required at close
- $621,000
- 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+)
- El Santo · 680 Columbia Street73m
- Banh Mi Bar · 722 Carnarvon Street78m
- PIVA Modern Italian · 787 Columbia Street106m
- The Old Spaghetti Factory · 50 Eighth Street159m
- Hyack Sushi · 55 Eighth Street160m
Cafes (5+)
- Waves Coffee House · 715 Columbia Street19m
- The Hide Out Cafe · 716 Carnarvon Street83m
- Tiger Sugar103m
- Delicia · 656 Columbia Street103m
- Moodswing · 655 Front Street141m
Grocery (5+)
- Safeway · 800 Carnarvon Street175m
- Gastronomia Italia · 601 Columbia Street207m
- Save-On-Foods · 1025 Columbia Street587m
- Mahtot East Africa Market · 218 Sixth Street678m
- Persian Baanou Supermarket · 222 Sixth Street688m
Shopping (2)
- River Market · 810 Quayside Drive237m
- Shops at New West241m
Parks (5+)
- Toronto Place Park374m
- Westminster Pier Park378m
- Simcoe Park476m
- Tipperary Park687m
- Columbia St Sq Park694m
Gyms (5+)
- Heart & Soul Fitness · 708 Clarkson Street18m
- Ava Fitness · 735 Carnarvon Street111m
- Strong Side Conditioning · 739 Carnarvon Street127m
- Vive la Vida140m
- EZfit · 606 Victoria Street244m
Pharmacies (4)
- Shoppers Drug Mart · 811 Columbia Street205m
- Imperial Pharmacy · 981 Carnarvon Street351m
- Guardian · 424 Columbia Street405m
- Pharmasave501m
Banks & ATMs (5+)
- Waves - Columbia - Bitcoin Well ATM · 715 Columbia Street14m
- Scotiabank56m
- Bitcoin ATM Coinsite · 663 Columbia Street97m
- HoneyBadger Bitcoin ATM157m
- CIBC · 800 Carnarvon Street164m
Healthcare (5+)
- Polo Health + Longevity Centre · 711 Columbia Street20m
- Grace Laser Skin Care · 18 Begbie Street73m
- Columbia Integrated Health Centre · 756 Columbia Street84m
- New Westminster Health, Beauty & Technology Centre · 661 Columbia Street89m
- Michelle Srdanovic · 552 Columbia Street247m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| New Westminster Station @ Bay 9 | 134m | |
| New Westminster Station @ Bay 2 | 172m | |
| New Westminster Station @ Platform 2 | 174m | |
| New Westminster Station @ Platform 1 | 174m | |
| Westbound Columbia St @ 6th St | 182m | |
| New Westminster Station @ Bay 3 | 212m |
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All in New Westminster →Frequently asked questions
What is the asking price for this business?
The asking price is $2,980,000.
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 14, 2026.