$ 1,988,000

640 Twelfth Street, New Westminster

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:1945)
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Property details for 640 Twelfth Street, New Westminster

Type
Commercial
Lot Size
4084
Annual Taxes
$14,646 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 640 Twelfth Street

Active Listings
388
Min Price
$39,000
Max Price
$9,588,000
Avg Price
$997,074
Days on Market
83
days
Sold Listings
110
Min Sold Price
$40,000
Max Sold Price
$2,398,000
Avg Sold Price
$784,481
Days until Sold
79
days

Price History

Listed
October 16, 2025
by Royal Pacific Realty (Kingsway) Ltd.
Current Price
$1,988,000
Type
Commercial
For Sale
640 Twelfth Street

Contact Agent Get in touch about 640 Twelfth Street, New Westminster

Jackson K.M. Yeung
Royal Pacific Realty (Kingsway) Ltd.