$ 2,980,000

Flr1 713 Columbia Street, New Westminster

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:1945)
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Property details for Flr1 713 Columbia Street, New Westminster

Type
Commercial
Living Area
6,494 square feet
Annual Taxes
$40,980 (2025)
Condo Fee
$2,716 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near Flr1 713 Columbia Street

Active Listings
392
Min Price
$39,000
Max Price
$9,588,000
Avg Price
$979,088
Days on Market
82
days
Sold Listings
114
Min Sold Price
$40,000
Max Sold Price
$2,398,000
Avg Sold Price
$789,220
Days until Sold
81
days

Neighbourhood Census Data

New Westminster, British Columbia / Colombie-Britannique

Population
1,927
Median Age
36.7
Median Income
$43,648
Dwelling Value
$379,074

Housing Tenure

Owners 69%
Renters 32%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 7,689.5/km²
Avg Shelter Cost: $1,450/mo
Owners with Mortgage: 80.4%
Owners Spending 30%+: 31.5%
Tenants Spending 30%+: 40.9%
English only: 88.6%
English and French: 8.4%
Neither: 2.7%
Median Household Income: $72,021
Median Employment Income: $45,294

Price History

Listed
June 18, 2026
by Hugh & McKinnon Realty Ltd.
Current Price
$2,980,000
Type
Commercial
For Sale
Flr1 713 Columbia Street

Contact Agent Get in touch about Flr1 713 Columbia Street, New Westminster

Peter Jian
Peter Jian
Hugh & McKinnon Realty Ltd.

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Comparison of Flr1 713 Columbia Street, New Westminster, BC with Nearby Commercial Listings