CHARMING RETAIL SPACE FOR SALE IN HEART OF NEW WESTMINSTER - VERSATILE INVESTMENT OPPORTUNITY WITH PRIME LOCATION & AMPLE PARKING.

Asking Price: $1,499,000
940 942 Twelfth Street New Westminster, BC Canada

About 940 942 Twelfth Street:

Welcome to this charming retail space located in the heart of New Westminster, British Columbia. This property boasts a total square footage of 2524 sqft and is situated on a similarly sized lot. Built in 1947, this property has a rich history and is now available for sale.

As you enter this retail space, you will be greeted by a warm and inviting atmosphere. The interior of the space has been thoughtfully designed with a focus on functionality and aesthetics. The walls are painted in a soothing shade of cream, which provides the perfect backdrop for showcasing any type of merchandise. The flooring is made of hardwood, which adds a touch of sophistication to the space. The high ceilings and large windows allow ample natural light to flood the interior, creating a bright and airy space.

This property is currently used as a butcher shop and is zoned for food services and beverage business. The C-2A zoning allows for a wide range of commercial uses, which makes this property a versatile investment opportunity. The current layout features a large open space that is perfect for displaying merchandise or for setting up tables and chairs for customers. The rear of the property houses a spacious kitchen area and a separate storage room. The kitchen area is fully equipped with all the appliances necessary to run a successful business. The storage room provides ample space for storing inventory and supplies.

The location of this property is another one of its great features. It is situated in a busy commercial area, which ensures a constant flow of foot traffic. The surrounding area is home to a mix of businesses, including retail shops, restaurants, and cafes. The proximity to other businesses creates a vibrant and dynamic atmosphere that is sure to attract customers.

The exterior of this property is equally impressive. The front of the property features a large window display that is perfect for showcasing merchandise. The exterior of the building is painted in a classic shade of white, which adds to the property's timeless appeal. The property also comes with ample parking space, which is a rare commodity in this busy commercial area.

The annual property taxes for this property are $12,598.93 (CAD). While this may seem like a steep price, it is important to remember that this property is a sound investment opportunity that is sure to generate a steady income stream.

In summary, this charming retail space is a versatile investment opportunity that is sure to attract a wide range of businesses. The interior of the space is thoughtfully designed and provides ample space for showcasing merchandise or for setting up tables and chairs for customers. The location of this property is ideal, as it is situated in a busy commercial area that is sure to attract a constant flow of foot traffic. The exterior of the property is equally impressive, with a classic white exterior and ample parking space. If you are looking for a sound investment opportunity that is sure to generate a steady income stream, this property is definitely worth considering.

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Features of Property

Type of Real Estate

Retail

Square Footage

2524 sqft

Land Size

2524 sqft

Year Built

1947

Annual Property Taxes

$12,598.93 (CAD)

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Features of Building

Building Features
Square Footage

2524 sqft

Business
Business Type

Food Services and Beverage (Butcher shop)

Plot Details

Other Property Information
Zoning Description

C-2A

Property Agent

Tracy Niu

Nu Stream Realty Inc.

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