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628 Twelfth Street
West End NW New Westminster V3M 4J4

$1,449,900
Multi-Family Commercial, Retail

Commercial building featuring wood-finish siding, multiple large storefront windows, and a stucco lower facade
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8079918
Build. Type:
Freestanding
A rare C2-zoned holding property in one of New West's strongest growth corridors. The building features a newly renovated restaurant space alongside a separate, self-contained residential unit — fully leased and income-producing on month-to-month tenancies, giving an investor flexibility to hold and collect now or move toward redevelopment on their own timeline. The real upside is the land. Offered in conjunction with the adjacent 630 Twelfth Street, the combined site assembles approximately 62 feet of frontage — a development-scale parcel with potential for a 4 storey mixed-use or multifamily residential building, subject to City of New Westminster approvals. Build, hold, or land-bank in a walkable, transit-friendly location close to shops, dining, and amenities. Must be sold in conjunction with 630 Twelfth Street. All tenancies are month-to-month.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Retail
Construction:
Frame Wood
Building Type:
Freestanding, Low Rise (2-4 storeys)
Living Area:
2,400 sq. ft.
Subject Property Depth:
123'7"
Subject Property Width:
33'
Contiguous Spc:
1,300 sq. ft.
Retail Size:
1,100 sq. ft.
Mezzanine Size:
1,300 sq. ft.
Minimum Divisible Area:
1,100 sq. ft.
Lot Area:
3,920.4 sq. ft.
Zoning:
Potential to Redevelop:
mixed use or multifamily, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
013647733
Taxes:
$11,802.58 / 2026
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
mixed use or multifamily, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 628 Twelfth Street in New Westminster: West End NW Multi-Family Commercial for sale : MLS®# C8079918
    Commercial building featuring wood-finish siding, multiple large storefront windows, and a stucco lower facade
Listed by Oakwyn Realty Ltd.
Data was last updated June 27, 2026 at 07:40 PM (UTC)
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