For Sale

Retail opportunity

640 TWELFTH STREET · New Westminster, British Columbia V3M4J4

Asking price$1,988,000
Property typeRetail
Land area4,084 square feet

The Opportunity

Overview

Excellent corner lot building location within a close radius of parks, shopping center, restaurants, bus stop and skytrain. Good shape, well maintained free standing retail commercial / residential building contains restaurant (main floor front), residential area in rear part of main floor & 2 bedroom suite (upper floor) with separate entrance, one single garage, and basement. Basement can be used for storage & accessory space as an office or break room for restaurant staff but need to obtain all necessary building, plumbing or electrical permits from City. Main floor front is leased for restaurant business with a lease up to April 30, 2027 + option for another 2 years. Residential part with two bedrooms currently is rented in month to month. Basement is vacant. Potential development lot at 61.88'(frontage) x 66.01'(depth) with free standing retail commercial / residential building is be good for investment or hold for redevelopment. Property is "sold as is, where is". PRICE TO SELL! BE Quick! (id:61970)

Investment highlights

  1. 01Retail

Property details

Property type
Retail
Transaction
sale
Site area
4084 square feet
Listing brokerage
Royal Pacific Realty (Kingsway) Ltd.
Listing representative
Jackson K.M. Yeung
Board / association
Greater Vancouver

Financial information

Asking$1,988,000

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Location intelligence

New Westminster

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
28997434
Last supplied
March 2, 2026
Listing brokerage
Royal Pacific Realty (Kingsway) Ltd.
Listing representative
Jackson K.M. Yeung
Board / association
Greater Vancouver

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

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Listing brokerage: Royal Pacific Realty (Kingsway) Ltd. · Listing representative: Jackson K.M. Yeung · Board/association: Greater Vancouver · Updated: Mar 2, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

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