Situated in the Geographic Centre of Metro Vancouver
An opportunity for owner-occupiers or investors to purchase a beautiful Parisian-inspired freestanding office building with both income and development potential. Originally constructed in 1878, the subject property was designated a heritage site by the City of New Westminster in 1990. The top floor of the building (3,531 SF) was recently vacated and offers a rare opportunity for an owner-occupier to purchase this landmark building and occupy the entire floor. The space offers incredible views across the Fraser River. Ongoing recommended building maintenance/replacements regularly carried out, including roof replacements during the past 15 years, electrical upgrades, HVAC and other cosmetic improvements. In addition to the existing building the site offers approx. 0.78 acres of surplus land for future mixed use development, creating a potential opportunity to develop two additional structures on the property. Currently leased to four established tenants, the property has been well-maintaned, offering functional office spaces for a wide range of users.
The building is located in the geographical centre of Metro Vancouver, with majestic views across the Fraser River and Mount Baker. The property is within close proximity to to the Sapperton Skytrain station, transportation corridors and both residential and commercial developments in this evolving area.