For Sale High Rise Residential Site
For Sale High Rise Residential Site Development Potential and / or Investment Property
442-450 6th Street, New Westminister, BC 8,217 sq ft lot (83’ x 99’) Location
Highlights
Ideally located in New Westminster’s vibrant Uptown neighborhood, a modern urban environment that features a wide array of amenities and business services, and less than 30 minutes from downtown Vancouver, the Vancouver International Airport and the U.S.A. border. Centrally located within 2 blocks of the key intersection of Sixth Street and Sixth Avenue and nearby to Westminster Centre and Royal City Centre this area is a vibrant pedestrian oriented neighborhood that has and still is undergoing a major urban upgrade with all the nearby residential and commercial developments underway.
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High density commercial / residential mixed-use site
•
Property features retail stores and services
•
Multiple tenant premises
•
Prominent New Westminister corner location
•
On-site parking
Conor Finucane [email protected] Direct Tel: 604 630 3375 Cellular: 604 209 2928
Tel: 604 684 7117
Laura MacNiel [email protected] Direct Tel: 604 630 3397 Cellular: 604 728 9609
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
442-450 6th Street
Development Potential and / or Investment Property Legal Description
Available Area
PID 013-470-019 Part of Lot 17 of Lot 26 Bl 7 Pl 2620 PID 013-470-043 Part of Lot 18 of Lot 26 Bl 7 Pl 2620 PID 013-470-035 Part of Lot 18 of Lot 26 Bl 7 Pl 2620
Building Size
5,320 sq ft
Lot Size
8,217 sq ft
Zoning Commercial C-3 (C-3A) - Allows for high rise residential and ground / 2nd floor commercial *Detailed zoning description available upon request
Highlights
2,220 sq ft
•
Buildable up to 5.2 FSR
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Potential to increase lease rates to current market rates
•
Leases contain demolition clauses
•
Holding income
1,023 sq ft
83’
*Financials and lease available upon request 1,023 sq ft
Asking Price $1,990,000.00
1,054 sq ft
Property Taxes (2014) 99’
$27,775.35
Conor Finucane [email protected] Direct Tel: 604 630 3375 Cellular: 604 209 2928
Laura MacNiel [email protected] Direct Tel: 604 630 3397 Cellular: 604 728 9609
Disclaimer Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Vancouver Real Estate Ltd. 10/2014.
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
442-450 6th Street, New Westminister, BC 8,217 sq ft lot (83’ x 99’) Location
Highlights
Ideally located in New Westminster’s vibrant Uptown neighborhood, a modern urban environment that features a wide array of amenities and business services, and less than 30 minutes from downtown Vancouver, the Vancouver International Airport and the U.S.A. border. Centrally located within 2 blocks of the key intersection of Sixth Street and Sixth Avenue and nearby to Westminster Centre and Royal City Centre this area is a vibrant pedestrian oriented neighborhood that has and still is undergoing a major urban upgrade with all the nearby residential and commercial developments underway.
•
High density commercial / residential mixed-use site
•
Property features retail stores and services
•
Multiple tenant premises
•
Prominent New Westminister corner location
•
On-site parking
Conor Finucane [email protected] Direct Tel: 604 630 3375 Cellular: 604 209 2928
Tel: 604 684 7117
Laura MacNiel [email protected] Direct Tel: 604 630 3397 Cellular: 604 728 9609
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
442-450 6th Street
Development Potential and / or Investment Property Legal Description
Available Area
PID 013-470-019 Part of Lot 17 of Lot 26 Bl 7 Pl 2620 PID 013-470-043 Part of Lot 18 of Lot 26 Bl 7 Pl 2620 PID 013-470-035 Part of Lot 18 of Lot 26 Bl 7 Pl 2620
Building Size
5,320 sq ft
Lot Size
8,217 sq ft
Zoning Commercial C-3 (C-3A) - Allows for high rise residential and ground / 2nd floor commercial *Detailed zoning description available upon request
Highlights
2,220 sq ft
•
Buildable up to 5.2 FSR
•
Potential to increase lease rates to current market rates
•
Leases contain demolition clauses
•
Holding income
1,023 sq ft
83’
*Financials and lease available upon request 1,023 sq ft
Asking Price $1,990,000.00
1,054 sq ft
Property Taxes (2014) 99’
$27,775.35
Conor Finucane [email protected] Direct Tel: 604 630 3375 Cellular: 604 209 2928
Laura MacNiel [email protected] Direct Tel: 604 630 3397 Cellular: 604 728 9609
Disclaimer Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Vancouver Real Estate Ltd. 10/2014.
DTZ Vancouver Real Estate Ltd. 800 – 475 West Georgia Street Vancouver, BC V6B 4M9 [email protected]
www.dtzvancouver.com
