504 Sixth Street New Westminster, British Columbia V3L 3B4

$8,980,000

An Exceptional Investment Opportunity in the Heart of Lower Mainland - New Westminster. This property presents a prime prospect for holding or redeveloping, underpinned by the New Westminster Official Community Plan (OCP). It is earmarked for transformation into a vibrant hub featuring medium and high-rise buildings, blending both commercial and residential spaces. Situated on a major thoroughfare, the location is ideal for ground-level retail ventures. Key Highlights: A prominently located corner site in the bustling Uptown neighbourhood of New Westminster. A well-proportioned parcel of 12,452 sq ft, offering a significant opportunity for mid-rise development. Reliable zoning framework provided by the New Westminster OCP. Exceptional opportunity for extensive retail frontage. A plethora of local amenities just a stone's throw from the property. Recognized as the top suburban market for investment, as awarded by The Western Investor (id:28820)

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https://www.realtor.ca/real-estate/26412068/504-sixth-street-new-westminster