540 Sixth Street, New Westminster
Excellent opportunity to acquire an established salon business in a prime New Westminster location at 540 Sixth Street. The salon features 8 styling chairs and 3 headwash stations, providing a functional setup for multiple stylists and beauty professionals. Four chairs are currently rented, generating approximately $4,000 per month in rental income. The monthly premises rent is $4,300. This opportunity is ideal for an owner-operator or investor looking to take over an existing salon setup with additional income potential. The buyer should conduct their own due diligence regarding financials, lease terms, licensing, and business operations. Please do not approach or solicit the owner, staff, or tenants. All inquiries, showings, and communications must be arranged exclusively through the listing agent. (id:1945)
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Property details for 540 Sixth Street, New Westminster
- Type
- Commercial
- Living Area
- 850 square feet
- Lot Size
- 850
Nearby Listings Stat
Estimated price and comparable properties near 540 Sixth Street
Active Listings
419
Min Price
$39,000
Max Price
$9,588,000
Avg Price
$970,360
Days on Market
79
days
Sold Listings
99
Min Sold Price
$40,000
Max Sold Price
$2,398,000
Avg Sold Price
$790,184
Days until Sold
86
days
Neighbourhood Census Data
New Westminster, British Columbia / Colombie-Britannique
Population
1,003
Median Age
52.9
Median Income
$27,744
Dwelling Value
$424,903
Housing Tenure
Owners 59%
Renters 41%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 7,922.6/km²
Avg Shelter Cost: $1,295/mo
Owners with Mortgage: 58.9%
Owners Spending 30%+: 32.9%
Tenants Spending 30%+: 36%
English only: 88.1%
English and French: 7%
Neither: 5.5%
Median Household Income: $39,616
Median Employment Income: $33,621
Price History
Listed
September 15, 2026
by Royal LePage Global Force Realty
Current Price
$125,000
Type
Commercial
For Sale