Five Parcel Development Site Totalling 17,400 Square Feet
Subject Site
James Blair
Personal Real Estate Corp.
+1 604 790 7089
[email protected]
Jones Lang LaSalle Real Estate Services Inc. • 355 Burrard Street • 14th Floor • Vancouver, BC V6C 2G6 • jll.com
Opportunity
Investment Highlights
Opportunity to acquire a 17,400 square foot mixed use
PLocated
P
in the heart of New Westminster’s Downtown
development site with holding properties in New Westminster’s
core Downtown neighbourhood.
Neighbourhood
PMixed-use
P
high density zoning with an overall 5.2 FSR
density including a 2.21 maximum FSR for residential
Location
This fully assembled site located in the Downtown area of
New Westminster and is a short five minute walk to both the
Columbia and New Westminster SkyTrain stations. Douglas
College, one of BC’s largest public colleges, is situated
one block to the west, with shopping, restaurants, and
PCurrently
P
improved with the following properties:
• 61 Sixth Street – Retail Store
•
71 Agnes Street – Market Retail Store
•
518 Agnes Street – Office Building
•
521 Victoria Street – 9 Unit Apartment Building
•
67 Sixth Street – Retail Store
entertainment all within minutes of the Property. The Property
P5
P lots totalling 17,400 square feet
runs along Sixth Street with two corners on Agnes and Victoria
P5
P minute walk to both the New Westminster and Columbia
Streets with Royal Avenue, a major arterial route, two blocks
north.
SkyTrain stations
PRare
P
double-corner lot offering excellent exposure
Property Overview
Municipal Address
61 Sixth Street, 71 Agnes Street, 518 Agnes Street, 521 Victoria Street, 67 Sixth Street
Legal Addresses
PL NWP76085 LD 36, PL NWP2620 LT 29 BLK B LD 36, PL NWP2620 BLK B LD 36, PL NWP2620 BLK B LD 36,
PL NWP2620 LT 29 BLK B LD 36
Property Identifiers
008-849-901, 012-964-484, 002-381-940, 013-746-375, 008-209-448
Location
The Property is located on the corner of Agnes Street and Victoria Street along Sixth Street in New Westminster’s
Downtown neighborhood.
Site Area
17,401 sq.ft.
Improvements
Three (3) retail stores, One (1) apartment building, and One (1) office building
Current Zoning
C-4 Central Business Districts
OCP Designation is Mixed-Use High Density
Combined Taxes
$54,770.52
Combined Assessed Value
Land
$2,132,000
Improvements___$1,551,600
Total
$3,683,600
James Blair
Personal Real Estate Corp.
+1 604 790 7089
[email protected]
Bill Goold | David Venance | James Blair | Margaret Zheng | Patrick McEvay | Ray Townsend
Jones Lang LaSalle Real Estate Services Inc. • 355 Burrard Street • 14th Floor • Vancouver, BC V6C 2G6 • jll.com
© 2016 Jones Lang LaSalle IP, Inc. All rights reserved.
All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
E. & O. E. Jones Lang LaSalle Real Estate Services, Inc. Real Estate Brokerage